"It's hard to convince someone to accept a 30 percent premium when their stock price is 90 percent down," Alex Davidson, an official with Barrick Gold Corp.

Only true if you pay cash...if you give them your stock ( which has dropped 90%) they get the same thing as before the drop.....needless to say the guys with cash are in the drivers seat...

http://www.reuters.com/article/merge...

i guess they never heard of aurelian.

I think there will be several more "Aurelian" takeovers soon at cut-rate prices...

Canplats to either Goldcorp or AEM

Noront to Vale or Xtrata

and our favorite Kinross to Barrick...really just so they can get Tye Burt as President

Not advice just a little humor...