well said perma

I guess having turned over as many stones as we have and kicking the tires we are back to common sense

As said right after the bid came in...this is a lowball ploy to bring higher saner bids

The Kinross bid is woefully inadequate, so low, that other majors could not let it slide through

Kinross bids (depending on what spin you eat) $63-100 per oz insitu

according to an analyst they can afford to pay $200 an oz insitu

if that's the case, a major would have to bid in excess of $16 to start

this backs up the Bedard rumour of Newmont and $18 bid

in any case all the producers need major ounces

Barrick, Newmont, and Goldcorp, all cashed up (as well as a few other huge miners that might want to expand their gold production)

ARU starts to release the data that has been held back, DURING a bidding war

Mining law becomes public and reflects Ecuador welcome to investors and miners

We're not selling a junior in a bear market

We're selling high grade ounces in the ground. Look at any gold analyst. $1200 this year $1600-$2000/$3000 in the next few years

why should majors bid now? there's always the chance the Kinross tender gets just enough shares to succeed.....stolen

what a bargain that would be for Kinross, what a travesty for the retails, and what a joke on the majors

feeling lucky boys?

game on

safeharbour