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Gold/Mining/Energy : Westmin Resources(T.WMI) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Jackson who wrote (39)12/16/1997 10:28:00 AM
From: HAZ  Read Replies (1) | Respond to of 63
 
Bill, any more news on Boliden ?

Westmin has been doing everything to increase it's value, very positive news releases but the stock just keeps on slowly drifting lower.

Can all those arb's that bought in the high 5's and low 6's be wrong, will they take a hit on this one.

I don't think Boliden will get the minimum shares required for a takeover, not at 5.40 anyhow and I'm not tendering my shares, I'd rather ride it down to 3.00 again than have Boliden rape and pillage the company and all it's hidden assets.

So if there are any Boliden exec's reading this, just because this thread has been quite with very little discussion doesn't mean that we're stupid also.

You had better up the offer to a realistic value (minimum 6.50) especially considering all the recent additions to reserves otherwise you won't get my shares that's for sure.

I don't mind getting taken for a sucker if I deserve it, which happens more often than I want to admit, but in this case I know that Westmin is worth more than the current offer and I support Westmin board of directors in their efforts to get every penny that we shareholders deserve.

So let's all get in the bunker and don't tender your shares to this very opportunistic offer.

Good luck all