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


To: bill who wrote (902)12/19/1998 12:49:00 AM
From: .Trev  Respond to of 2006
 
Anybody can offer to buy anything anytime. With Canadian public companies if the purchase takes the purchaser over 10% of the issued capital then it has to be declared.

Otherwise it depends how naive the selected group of selles or potential sellers might be. Sounds like a fishy deal to me. I'd be inclined to ignore it.

Refer if you like to the Argentina thread where Barrick has just mailed a formal offer to ARP shareholders offering to buy at $4 when the stock is already trading at over $5. Even that doesn't make any sense to me considering the legal costs of mailing such an offer etc.
Hard to know what the hidden agenda might be.

Nothing else to contribute. Sorry.