pdn will increase his offer, page-12

I believe that in the pr that came out when SMM went into pre open, it was said in the pr, that talks are on going with a third party to make a bid for SMM.
So I don't believe it's going to be a poison pill.
Actually the way the mangements have been going at it between PDN and SMM, Alan Eggars would probably sell to anybody rather than PDN.
I still believe for Alan Eggars to get his deal for Summit, it will take a much better offer with maybe some upside for SMM shareholder over the long haul, and some independance for the mangement, so IMHO, either ERA, or their parent RIO themselves would have the clout to offer such a deal.
Of course Cameco or Cogema of France would also have the clout too.
Somehow Cameco doesn't appear to me to be very interested, having so much of the best land tied up for years in the Athabasca Basin in Canada, however Cogema might be interested.
So my picks are
ERA, RIO, or Cogema.
Then again, there is BHP.
I will stop.