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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (15137)	7/31/2003 12:45:57 AM
From: The Vet	Read Replies (1) \| Respond to of 39344

ABER will have to do something quickly to beef up their share price or else they will be taken out. A quick share split and a poison pill would be the order of business in my mind. Aber has a pretty fair short position as well. They can't be too comfortable as much of that was put on at around $25 CAD and lower. They are way too undervalued and with only 53 million shares out, easy pickings for a raider even though Rio Tinto have the right to match any offer, and I am sure they will do so if any other party starts accumulating... De Beers would love to have Aber but I don't think there is any way they can get them, but De Beers would rather have Aber independent rather than Rio Tinto owning the whole shebang... JMHO....