takeover, page-24

"are we likely to see $4 for the takeover offer.

or would it be higher."

WHAT TAKE OVER OFFER?

Why have you assumed there is a takeover offer for BSG?

Why have you dismissed out of hand the more likely scenario - BSG bidding for PJO and issuing scrip?

Haven't you bothered to read PJO's announcement?

LONGUEUIL, QUEBEC, May 2, 2007 (CCNMatthews via COMTEX News Network) -- Palmarejo Silver and Gold Corporation (TSX VENTURE:PJO) (the "Company") announced today that it has requested that the TSX Venture Exchange halt trading in its common shares and warrants (PJO.WT) effective at the opening of trading on May 2, 2007. The Company confirms that it is in negotiations with respect to a potential business combination transaction. There can be no assurance that such negotiations will result in the announcement or consummation of a transaction.

SOURCE: Palmarejo Silver and Gold Corporation

"The Company confirms that it is in negotiations with respect to a potential business combination transaction."

Now tell me "a potential business combination transaction" sounds like a takeover of BSG when BOTH BSG and PJO request a trading halt?

As for $4.00. I wouldn't be in the slightest interested.
That sort of price would be absolute twaddle. Nor would I expect BSG Management to be interested by a price anywhere near that.

BSG Management have consistently been offered what has proven to be absolute garbage prices going back to a few years when they were even offered 60 cents!

To put it kindly, I've read enough speculation here.

Will not come back to the BSG thread until after an announcement has been released to the ASX.