Exactly what I'm thinking , it will only take one of these Small companies to drill into a nickel deposit before VALE moves in with a takeover offer ... I'm holding SEG who are about to RC drill their conductors, but it's anyone's guess who will unravel the next nickel deposit MPJ ? RMR ? to name a few so we can honestly all say that with VALE on board we'd have to look over our shoulders with a takeover bid.
I doubt Sirius will just seat on the byline and let Vale run with a takeover. I'd say SIR will also be on the hunt for a takeover bid if any of these small cap stocks make a discovery.
Good luck everyone.
PIO Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
RMR Price at posting:
0.9¢ Sentiment: None Disclosure: Not Held
WIN Price at posting:
22.0¢ Sentiment: None Disclosure: Not Held
ORN Price at posting:
3.8¢ Sentiment: None Disclosure: Not Held
RTR Price at posting:
4.9¢ Sentiment: None Disclosure: Not Held
SEG Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held