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Breaking News ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT Read More  |  Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

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Message: Another Suitor

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Re: Another Suitor..Heloboy2005

in response to Another Suitor by Heloboy2005
posted on Sep 03, 08 05:20AM

You are absolutely right . That seems to be the BIG PALN of companies like Newmont , Barrick etc.

Let K lowball ARU & get ARU for cheap . The SP of K will go down as a result of the dilution..then take out K with either a hostile or friendly take over.

Why get into a bidding war with K & drive up the price of ARU when you can get ARU for much cheaper than that after taking out Kinross , which will takeout ARU.

This kind of reminds me of the picture I used to see in Kindergarten where the Big Fish is eating the Small Fish which is eating an even smaller fish ..sad but so true.

Green Fish : ARU

Red Fish : Kinross

Yellow Fish : Barrick ?? Newmont ??..You get the Idea.

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