IKN

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Ventana Gold (VEN.to): Eike winning

Despite Ventana Gold‘s (VEN.to) head honcho Stephen Orr jawboning it to Reuters yesterday and talking about the “some different interest” from as yet mysterious third parties and the “value that (the stock) would be able to gain over the next 12 to 18 months” if VEN were left to get on with things, we return to the eternal baseline of MoneyTalksBullshitWalks and the VEN.to price chart below, which includes the share price action since Eike’s Nov 17th offer and the price ($12.63) the Brazilian dude is willing to pay via the red line:


For the first time since then, VEN.to closed today under the offer price (a penny to be exact, at $12.62). With the Feb 14th offer deadline now looming closer, this war of attrition is starting to sway the way of the Latino team. Tudo bem.
Disclosure: No position, cos The IKN Weekly took the $13.51 profits in November. So there.

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