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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: kollmhn who wrote (103403)	6/21/2008 12:21:57 AM
From: JGreg	Respond to of 206093

Thanks. I thought there would be some kind of prohibition like that for selling. However, it still seems advantageous to make the offer, if it truly is lowball, forcing Ithaca and investors to defend the company's potential for increased valuation thereby drawing more interest and moving the stock price up. Then, you announce that the offer is being withdrawn because the increased valuation no longer fits within your budget for acquisitions. Question is, could they unwind their position without letting too much air out of the tires.