Thats the issue in the Junior space.   Can't go to the financing well without getting creamed, and the Takeovers even at 100% premium are still stealing the Companys for 25% of true value.

Better than doing nothing for 2-4 years perhaps, but Andina just got too cheap, and stayed there too long.

VIT will be next I fear, but hopefully Kinross and Sun Valley block anything under $.90