Hello russet;
Your posts are an interesting read, although they are laden with thoughts regarding someone who wish's to also make out like a bandit, and I don't blame you for trying??
"Since the Barrick bid was first introduced, ARP has doubled the resource, especially with high grade, oxide ore in Amable. A two dollar and something company is now worth four dollars and something, and climbing. Maybe Barrick should offer them five or six additional drills and a some workers to run them, free of charge for the next three months as a start to healing some of the wounds. This would be a double win for Barrick, good PR and a chance to prove up more resource for themselves (Barrick still owns 9.9 % of ARP and 40% of Veladero)."
You seem to be forgetting that the $2.00 and somthing company is now worth more as a result of Barricks offer??
As for Melnyuk leaving, is it that hard to figure out, he quite literally screwed up with this, he could have had a lock up for $6.50 or whatever the price was and ABX would have had it very cheaply at that price, he tried to nickel and dime them, he is now gone??
He penny antied for a mear 70m more?? now the price will be higher??
Still no one else is stepping up to the plate??.........interesting??
Also don't forget that ABX still owns 9,9% and 40%?? this is very important??
With regards,Frank |