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Gold/Mining/Energy : ABER RESOURCES -- Ignore unavailable to you. Want to Upgrade?

To: Libertarian22 who wrote (901)	12/18/1998 11:18:00 PM
From: bill	Read Replies (1) \| Respond to of 2006

Can you elaborate? I assume you're talking US dollars since the price in Canadian dollars is 8.25. The price of the stock is public knowledge. The volume is not huge but there's enough of it that if someone wants to sell a small retailer's position, he can. Unless it turns out that ABZ has it wrong and those aren't diamonds but bits of window glass left over from a DEW line emplacement why would anyone take less than what is being offered by the market? I don't understand how a tender offer works except in those cases where someone wants to take over a company. Are there other cases where a non-market tender is made? In the case of taking over a company does not the company making a tender have to declare its offer publicly and make either a hostile or friendly bid? Sorry to be so unenlightened but I've never come across anything like this before.