i prefer the advice of raymond james on this one. otto's contention that there isn't a counterbid coming may be correct becase mag is worth a lot more to fresnillo than it is to anyone else. but that doens't mean this bid will be accepted.

exhibit "a" is the news release macinnis issued today, reference the "take-under." this management team appears ready and willing to defend itself against a stink bid, and i find that refreshing. otto's advice notwithstanding, i think i'll hold my shares and see what happens.