Follow the Money

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

The company whose shareholders were better than its management

Reply New Message

Prev Message Back To Forum Threaded View Next Message

hawnkoa

Rank: President [?]

Points: 10940 [?]

Votes: 88 Score: 3.3 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Follow the Money

posted on Jul 29, 2008 03:26PM

This whole game is about making money for the big guys....Kinross is in the drivers seat so far...

If you are a Barrick or Newmont and you want the FDN deposit ( and feel it is worth at least $ 20 a share) you have no problem with paying the $ 20 for the 165 Million shares or $ 3.3 Billion....BECAUSE if you let Kinross take ARU over or 50.1% or 66.67% and you still want the FDN property you will have to buy out Kinross....and Kinross has 620 Million shares outstanding @ at $ 25 or $ 30 per share...or $ 15.5 Billion to $ 18.6 Billion......also if you buy Kinross you end up with the big Russian problem that waits around the corner....