SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : ARP - V Argentina Gold
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steven Lolas who wrote (2573)2/7/1999 8:50:00 AM
From: Enigma  Read Replies (1) of 3282
 
Steven - you could be right about direct dealing - but please share with the thread your thoughts on the disclosure aspects of this - namely: Barrick has 9.9% now - does it not have to disclose any incremental increases in its position? Someone posted earlier that it would have to disclose at 12% and every additional 2% thereafter.

The only thing I can think of is this - so long as there is an open offer on the table Barrick may not have to disclose the number of shares tendered or tendered conditionally. Does anyone here have any info on this?? This may also apply to another form of conditional acceptance - in other words there may be an informal understanding with the TD group and NEM - that they will tender too if Barrcik obtains x % - or something to this effect eg if the offer expires at the deadline without another offer in place.

Otherwise ABX is just the patsy with the floor bid on the table and the stock always trading slightly higher. dd

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News