SRK 3.33% 3.1¢ strike resources limited

Ann: September 2012 Quarterly Report , page-23

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  1. 2,347 Posts.
    lightbulb Created with Sketch. 93
    Yes and No Dobe, correct on 1 but incorrect on 2, they are related companies!

    I've said it numerous times before and I'll say it again, the key to this whole deal is the US$27mil bid.

    I'm not a legal expert on the Peruvian Judicial System but I wouldn't want to be going up against one of the Countries most powerful families with contacts through all levels of government. Having said that though, I think SRK's hold on AF is very tight albeit some heavy winds they may incount legally which they should win BUT it will cost them a lot of money in my opinion.....PLUS any other money they'll have to pay D & C to go away forever! Now you may now care about the SP but I reckon you will in the short term if it goes sub 10c and their cash holding is diluted significantly.

    Cuervo is a RIPPER though.....just need to sure up the resource properly!
 
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3.1¢
Change
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3.1¢ 3.4¢ 3.1¢ $675 21.25K

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1 83978 3.1¢
 

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3.3¢ 76808 1
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