Nice Profit to be made

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    with the stock at 5.5 cents and Equity 1's current bid at 6.7 cents. Read the announcements first and note that the previous directors expected the bid at 9.5 cents. Assuming the current 6.7 cent bid goes through, this would provide a 21.8% ROI if you buy at 5.5 cents and the bid proceeds at 6.7 cents. I am not a seller of the stock even at 6.7 cents as the potential of ADR's Rincon Project in Argentina is huge and the recent independant valuation gives a "most Likely" value of 16 cents per share. The patient ADR shareholders will be more than rewarded later IMHO.
 
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