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 : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: teevee who wrote (25293)1/17/2000 10:08:00 PM
From: Digger  Read Replies (2) | Respond to of 26850
 
Hope the case is short and "sweet" but if that were the case someone would likely have folded by now. I had heard that the new Aber top guy was being a real hard nose, now we'll see just what the law says. I am too biased to make a call but this is not two neighbors talking about trimming a hedge.

It sure seems that Aber wanted to look at the other guys cards before making their bet, and that is not allowed in any game that I know of.



To: teevee who wrote (25293)1/18/2000 2:04:00 PM
From: russet  Read Replies (1) | Respond to of 26850
 
I seem to remember an NR saying that Winspear offered $40 or $50 million to Aber, to buy them out of Snap. If so, they do have a buyer. Perhaps Aber has been waiting to see what Snap has, and delaying the acceptance of that offer using the court case as a reason, until RT and the gang do enough work to make it obvious whether it is prudent to accept or reject the offer.

Perhaps this is why we hear RT only talking of 1000 tonne per day processing rates working up to 3000 in several years. If he talked about the real rates of 6000 tpd working up to 10000 tpd Aber wouldn't sell so cheap.

Hypester Hamster