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

To: splif who wrote (207849)	12/19/2011 10:14:12 AM
From: dara	Read Replies (1) \| Respond to of 312908

Just reading up on Astur Gold/Gold Ore Resources merger. Astur's asset is the Salave project in Asturias, Spain which was once owned by Rio Narcea which was bought out by Lundin which was bought out by Dagilev which changed their name to Astur Gold. I use to own Rio Narcea and recall it being followed on this thread.

To: splif who wrote (207849)	12/22/2011 4:38:49 AM
From: marcos	Respond to of 312908

goz/ast - market says it's not that great a deal for Gold-Ore, i tend to agree, we've already got a mine, adding a maybe-mine at that price then dividing by rollback and no doubt adding massive dilution for capex is going to make for an uphill battle ... on the other hand, if the permits come through before the deal, there wouldn't be that risk hanging over it ... i dunno, management must have seen something they liked, so having come this far with them, i'm just sticking, added/sold none this week ... that's Aerofagia's corner of the world, wonder if he's likely to hear anything of their chances fvi.to - never did reload an intended slice, got some extra usa.to and put the rest into su.to as sort of a reserve ... hard to stay interested with no sign yet of Santa Claus