Gentry of Novus management merged with crew in 2008 for about 23% premium to trading price.  I hope that doesn't happen here which would put the sale price at around 1.35.  But I think that if it happened today, many people would tender thier shares for that price.  I think that it would be a fire sale but if no other takers, what can you do.

 

http://www.marketwire.com/press-release/Crew-Energy-Inc-Enters-Into-an-Agreement-to-Acquire-Gentry-Resources-Ltd-871754.htm