If BHP comes in and offers$5 a share, do you think other majors with tills full of cash will sit by and give BHP that much advantage in the mining world for the next 20-50 years!. This is a major asset and when one major moves in, the flags will all go up, DD will be done feverishly by these other companies and when they realize how cheap this is and how hard it will be for them to compete in the future with BHP because of their low production costs due to high grade, they will not let this go so cheap. I am not too concerned about being taken over at this low valuation. Yes we have our Poison pill but we also have the eyes of many majors on us who will make sure not to give their competition a huge advantage over the next few decades!!

Glorieux