Nothing does go stright up forever..I agree
When in doubt you say..clearly you must be in doubt...maybe your justified
I think more strategically than that... otherwise your playing the "too smart by half game" and will get caught out when you least expect it...
My post simply states that there is too much unknown...
Watch this space M34N
Dont be surprised if Goldcorp enter this takeover...
Also Great fit...
As for upside ...who can tell..its not important...
I owned Aurion Gold about 8-9 years ago and an offer came from Placer dome (shares offer)...the day of the offer was made was the highest price for aurion you could have got because the price of placer fell from 25 to 15 so the scrip offer fell almost 40% from the high...
In NDY case first offer was 1.46 final price was 2.40
So as you can see it really depends on many circumstances..
Remember...there are very few holes in the ground which provide 1m ounces of gold per annum that you dont need to spend a cent or a second looking for...
That will eventually find its true value...
ducksoup
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