Introduction to DRM for MYG shareholders, page-3

@ashburner I can't be absolutely sure about this but I would assume that the deal is going to go through.

1) I can't imagine how around 75% shareholders of a company would agree to the takeover and it still does not go through.

2) Although 90% minimum acceptance was originally stated, surely MYG and DRM should still be able to proceed with over 70% and take care of whatever formalities need to be done.

3) The holidays were definitely a factor in slowing it down, to a certain extent, at least.

4) I am assuming that very few/no MYG shareholders actually sent in papers to DRM that they do NOT want to go ahead with takeover. Thus, of remaining 25% or so, majority were probably just slow in responding / might not even respond. I once again don't see how it makes a difference when over 70% have already consented.

I think the DRM shares you bought should be safe. Taking a broader view, even if gold does fall to 1000 and all gold stocks are hammered (DRM will be no exception in such a scenario), DRM has a better chance of surviving and coming out shining (for reasons I mentioned in my previous post), when the sector fully picks up. So give it time.

All IMO only.