Re: Safe re Dr. Barron---Repost Safeharbour
in response to
by
posted on
Aug 13, 2008 07:36PM
The company whose shareholders were better than its management
although i have never met keith barron, i have read his series "straight talk on mining" which you can find here:
http://www.straighttalkonmining.com/...
from his writing it is clear to me that he is a gold bug, he knows what gold is worth, and he knows what fruta del norte is worth. using round numbers, if fdn is worth $25/share and the kinross offer is worth $5/share, he stands to lose $20/share by tendering his 14 million shares.
so all in all, he would potentially throw away about $280 million by accepting the kinross offer. not to mention his reputation by throwing in with the scoundrels who contrived this swindle of an offer. what can they possibly offer him to make up for all of that?