Who would buy them? My best guess would be Newmont (NEM), but that's just a guess. Any of the big gold miners Barrick Gold(ABX), Goldcorp (GG), Gold Fields (GFI), etc., would be a candidate, and maybe some of the second rung gold miners would be interested, too, like Yamana (AUY) or Compania de Minas Buenaventura (BVN). But whoever buys out Aurelian and its Fruta del Norte project will surely have to pay a lot more than Tuesday's closing price of C$8.75 a share. Tuesday’s share price implies an in situ value of around U$91/oz gold, and that’s not even close to what FDN and ARU will sell for to the winning bidder.