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Message: Re: Arequipa Part 8
2
Jan 11, 2011 10:14PM

I like this part. It proves we could be bought out on only a few holes.

Fact.

Moving from the coast of Labrador to the mountains of Peru, one of the world's biggest gold companies grew larger when Barrick Gold (ABX-T) scooped up Arequipa Resources.
Barrick spent $512 million in cash and 13.4 million shares to get Arequipa's main asset, the Pierina gold property in northern Peru. The Toronto-based major snapped up the company on the basis of nine drill holes; no reserve has been established for the property.

God Bless All

Hold your shares, or do more DD deciding wether you should or shouldn't.

Mr. Hobbes

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