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


To: Bill Jackson who wrote (51)1/2/1998 11:54:00 AM
From: HAZ  Read Replies (1) | Respond to of 63
 
Bill, I still can't believe that there is little interest in this takeover target.

You would think that there would be more interest on this thread. That just goes to show you that is a big boys deal, the little guys are insignificant shareholders at this point.

It looks like a better price is coming from Boliden or someone else before the new extended deadline of 29-jan. Boliden has been offered access to data room as have 6 other potential suitors.

I'd be happy with 6.50 and ecstatic with 7.50 what about you ?

I think the last thing Boliden wants is to get into a bidding war with another suitor. I as mentioned in earliar posts Boliden needs Westmin more that Westmin needs Boliden.

So make up with Westmin's Board of Directors, check the numbers over and make a final offer that will be accepted by BOD and close teh deal.

Just mu opinion.

Cheers