Was hoping for 10+

Those PP holders won't be too happy -> 37.50/4 = 9.375

Feb. 28, 2007 Dundee put out a target of $50 (12.50) based on an estimated 10.6 M oz's. At the time, gold was selling for less than $700.

So what happened to that?

Kinross is getting a real bargain here, unless someone steps up.

"The Support Agreement provides that the Board of Directors of Aurelian may under certain circumstances terminate the agreement in favour of an unsolicited superior proposal, subject to payment of a termination payment of $42 million and subject to a right by Kinross to match the superior proposal in question."

Bring it on!

ebear