Are they still recomending the Takeover Offer?

Who would tender their shares at this price?

Makes NO sense.

This whole deal stunk from the start, but the one thing you must remember from managements standpoint is... they still will receive the same amount of shares of Kinross Stock no matter what happens to the share prices of ARU or K....If you believe that the price of Gold is still heading up and will close the end of this year above 1000 then Management does not care what the price of the stock is...by their sales "prior" to the "friendly" merger announcement they have no need to sell any more stock this year and can wait for the price of Gold to recover.

When the price of Gold returns the price of Kinross will recover a lot faster then the price of ARU ( if they are not hooked together like they are now) because Kinross is a producer and ARU is not.

Management will still get their big buy-out 2 year salary payment with pluses.

I really don't think "our" management will change their minds and I am afraid that some funds will think like-wise.

But after saying all that I still say...

DON'T BE TO ANXIOUS TO TENDER YOUR SHARES