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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (31742)2/3/2007 12:37:48 PM
From: tyc:>  Read Replies (3) | Respond to of 78424
 
Chart follows on next post

wild speculation ?;

Insider trading reports say that Rio Narcea has bought 60 million share of Chariot recently. This (20%) is the maximum anyone can own without triggering CHD's poison pill. I'm wondering whether we'll now see Rio Narcea bid for the remaining shares of CHD, offering RNG stock in payment ? (RNG said they had "no plans to buy more", but they did buy more.)

It seems to me that if some institution were to speculate on this, they would sell RNG and buy CHD, for the price for CHD would be at a premium to the market. Is this why RNG has fallen from its peak ?

To my mind both RNG and CHD are buys ! As for the warrants ..... lol




To: loantech who wrote (31742)2/3/2007 2:23:22 PM
From: koan  Respond to of 78424
 
I had to post that one piece on global warming.