Hello DB;
You wrote??
"Frank,"
"With regard to the $6.75 figure the Lundins were reported to have thought acceptable a
while back, I for one don't know if this is to be believed. Do you recall if this figure was
ever officially attributed to him? Even if he did say it maybe he was quoted out of
context or said it in jest."
This figure eminated from the original offer ABX presented to the Lundins, I believe ABX offered $5.50 and they ARP requested $6.75??
"Also, along these lines, a story or two has said that Newmont has bowed out, but I
don't know if this is to be believed or not either. Sure, it might be true, but I would want
a little more verification other than someone mentioning it in an article."
Newmont has had 50 days to respond, how much more time do they need, will they wait until the whole deposit is drilled off??
"One thing I find interesting is that Lundin in the last conference call said companies will
be touring the property in the next few weeks. I don't know what is causing the delay,
but would love to know. I think this is more of a plus than a minus."
They have confidentiality aggreements with at least four different company's??................of course it is a plus, but they are neither blind nor stupid as to what they will be up against if they try to outbid ABX??
I wish for the best for ARP shareholders, and it has been plenty of time for someone to step up to the plate, where the hell are they??
C'mon lets get on with it??
With regards,Frank
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