"More experienced posters like Gaspew have a reasoned approach...

"More experienced posters like Gaspew have a reasoned approach and much better idea than me."

Don't sell yourself short Pgamble.

My knowledge of the company spans 3+ years and consists of what resources they hold and their announced business dealings. The rest is what I'm able to decipher from research eg. Geo websites, DPI etc.

My "reasoning" is what tells me, if anything, the company would more likely be exposed to JV than takeover at this stage. Well analysis data obtained from both Annvale and Talma would give ROG enough info to supply to any prospective JV partner/s. Not yet enough for T/O IMO.

Think about the last company presentation. We were all waiting for announcements pertaining to currently proposed projects and ended up with a "promote the now" and "sell what we're planning for the future" type preso. Like I said then, it was aimed directly at someone other than us.

Could just be the sales pitch for a CR, however, was interesting how it gave a rundown on plans for the entirety of the CMB tenements. If they were simply trying to raise to drill Talma, why the need for all the rest?

Bit more going on than we think IMO. What however, is pure speculation until we either get an Ann or see buying going through the roof.

Stay tuned........

Gaspew ;)