Don't want or need a buyout...RIC can go much higher than $15 without a buyout....Be careful about wishing for buyouts especially gold sector...A lot of times there is very little premium and only serves to cap the price.
Stating my opinion. Chamandy fully intends to lead a buy-out of richmont mines. he "hand-picked" the additional board members to that end. can't prove my speculation. Is definitely logical. Don't you wonder why this trading is so screwed-up? Everyone and their brother knows we belong over $9.00 today. strong buy thru $15.00
That is interesting you could be correct...I just hope not...lol..Seen to many buyouts in the gold sector that haven't turned out well for the shareholders...Not all have been horrible, but far too many....But there's a caveat now to that now, with gold skyrocketing it should make it harder for folks to agree on a buyout forcing suitors to bid up substantially.