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Strategies & Market Trends : Ride the Tiger with CD

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To: Claude Cormier who wrote (125600)7/27/2008 10:12:03 PM
From: Proud Deplorable  Read Replies (3) of 313685
 
Claude I noticed that you suddenly disappeared after making this statement in which you claim that there is some kind of political risk in Ecuador that ARU-X should see but that Kinross doesn't see.

"In either case, investors will have nothing to complain about, except maybe, the socialist move by Ecuador."

I still question why you apparently would side with Kinross instead of condemning this takeover publicly or do you not really care how much this damages the junior resource sector, that you also make your living on, as almost everyone is now saying. Do I have this right?

Seeing as not one CEO of any company doing business in Ecuador sees anything wrong with the changes in the mining climate there who do you keep bringing up the political risk? Do you own ANY shares in any company with political risks? Do you recommend your readers to buy any shares in any foreign mining companies in '3rd world' countries and is so why? Why does ARU-X get a bid about 1/3rd the value of BGO offer while gold prices are 3 times higher than when that deal was made? In view of this do you not think an offer of 25.00 would be appropriate? No? then at least one full share of Kinross?

Since this is your expertise your voice against the deal would be useful to your readers so as to show them that you are on their side and that they should continue to invest in junior gold companies and that they have a fair chance of realizing proper gains on their speculation. We know you are not on the side of Kinross here are you? Matter of fact I'd like to get a straight answer yes or no, do you like this deal? I might have missed a previous statement by you on this and if so please refresh my memory.

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To the Ontario Securities Commission:
Aurelian has entered into an agreement with Kinross to sell all shares of ARU-X. Besides this agreement Aurelian has also colluded with Kinross to issue a private placement to Kinross for 15 million shares so that they ( Kinross) will be able to vote these shares in the proposed merger giving them an unfair advantage to other possible offers. To boot, these private placement shares are at a price ($4.75) below what Kinross is offering under the merger ( about $ 8.20).....Obvious collusion is illegal.
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