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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: kidl who wrote (125195)7/24/2008 9:39:19 PM
From: Rocket Red  Read Replies (2) | Respond to of 314092
 
Todays bid really values ARU at 5.92 on K closing price and its all paper

Warrants given in this deal means 0 as they are far out of any money



To: kidl who wrote (125195)7/24/2008 10:00:09 PM
From: marcos  Read Replies (1) | Respond to of 314092
 
Who's got lots of gold, not me ... sorry i don't understand your lack of understanding, fwiw i was just responding to r-man's 'There are no buyers' summary of the situation, and then rambled on ... typing practice - does that explain it sufficiently -g-

Society will value gold higher in the near future imho, silver even more so ... but with Aurelian and Dynasty it's about politics and the new mining law, this Kinross offer has both pros and cons to it on that front probably - the confiscator leftie types down there have just been handed powerful ammunition, in the demonstration that somebody wants the cherry on top of the bowl and is prepared to pay a billion for it, that's a lot of bananas when you buy wholesale ... followed your bio, to where you opine that Barrick and Newmont won't gamble on the politics, that's entirely possible, if they were to enter the game they'd be knowing more than we do now ... Vet98 had a point, in that they could let Kinross take the risk and then take them out once things were settled, the only question then becomes, to whom could you flog the russian stuff and for how much

mba.v - we ended selling quite a bit when it didn't bounce after gap-fill, only my wife has any amount left ... not sure what to do now, think it's only jitters about post-olympics China, probably overblown ... haven't been through their sedars for ages, running on old impressions, curious about cash flow now and in the next few months