Aurelian Resources Was Stolen By Kinross and Management But Will Not Be Forgotten

The company whose shareholders were better than its management

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Message: From Marla

From Marla

posted on Jul 29, 2008 07:22AM

She just called me and we had about a 20 minute conversation. She seemed a bit stressed but was quite cordial. Here is what I can remember

- Patrick, Tye, Tim W. and someone else are in New York/Boston today talking to institutional investors.

- should be able to get some drill results out before Sept.3.

- some institutions are voting for the deal but some are definitely not.

- they have spoken to Keith Barron a few times and he has not made up his mind.

- she this vote is definitely not a done deal as they need 66%.

- she obviously couldn't say if there is anyone sniffing around. She did say with the gold find of a generation you'd think they would be falling all over themselves to bid.

- she herself is little bit underwater on her shares as well so is definitely hoping for more bids.

If I think of anything else I'll post it but remember she is not the real villain here, it's the BOD for accepting such a lowball stink bid in the first place.

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Jul 29, 2008 07:43AM
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