RE: institutional and fund buying9 Oct 2020 12:10
As stated yesterday the perspective of majors have changed dramatically in the past decades to a more balanced approach when trying to takeout a company... gone are the gung-ho days where the risks were taken to further the company.
Unfortunately, or fortunately in the case of Solgold, it has allowed companies with an excellent management structure to move forward to a more prosperous and self serving stance.
Additionally, we are no longer talking about a Tier 1 prospect which could be taken out be it the only one: we have four in the making at the moment with dozens more prospects to analyse.
Well done Nick on the news releases, the timing is perfect !!!
BHP, NCM and definitely CGP will be sitting there saying to themselves "f**k, f**k, f**k"