Originally posted by dapper4343
I couldn't see EAR's management selling out to NST for anything under $0.60 per share considering that last year EAR was at $0.40 per share and that they are going to commence mining this year.
I certainly won't be selling my holding for anything less than $0.60 and that's why I doubled my holding yesterday.
I would like full value too
@dapper4343 just saying NST will loom large over this one.
I certainly would like the project to be brought to full fruition by an independent EAR. But experience tells me that is not likely.
Stand out characters who drive projects past opportunistic offers are a bit like hen’s teeth, rare. Twiggy comes to mind but we have others. Most took the cash long before my dreams were brought to fruition. Taught me a lesson or two.
I have beat myself up enough over the years about howI did not see this or that coming, how could I be so dumb etc. But truth is when I looked back later and more calmly, I saw that human nature always puts self-interest first. Dedicated and honest officers sometimes decide that years of risky (funding & execution etc.) future developments for vast potential fortunes are not as attractive as early cash and security. Some even harboured doubts they never did speak of until that big T/O came in.
EAR may end up one of those rare birds, would be nice eh.
Cheers
Phil.