DELIVERING DISCIPLINED GROWTH
Third largest primary Gold Producer in North America

AGORACOM News Flash

AGORACOM CONFERENCE UPDATE

  • 12 More Companies Added To Schedule For Dec 3 & 4. (See Schedule)
  • Keynote Speakers Include Peter Grandich, Eric Coffin (See Speakers)
  • Workshop Presentations Added To Thursday Schedule
  • Investors from over 45 Countries Have Visited
  • Conference Begins 2 Weeks From Today!

Looking forward to seeing all of you there gang.  Registration is free for investors.  AGORACOM Members register with just one click.  Non-members takes less than 60 seconds.  Register here (see form on right hand side)

 

Message: ecuador mining minister speaks

Generic_profile
Rank: [?]
Mail Room
Points: [?]
171
Rating: [?]
Votes: 10 Score: 1.6
  • Currently 1.6/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: ecuador mining minister speaks

posted on Sep 26, 09 02:37PM

Yes, a rational price because equador had shut down exploration activity (a huge deal then and still, a year and a half later a huge deal today). The value of ARU was what the circumstances made of it at the time (and for the record i wasn't happy either). My point was simply that in Hindsight---we made out much better-- a few weeks ago the offer worked out to be approx $8.80 a share --what do you think ARU stock would be trading today, a year and a half after the exploration shutdown and still shutdown? I would, without a doubt believe that it wouldn't be anywhere near $8.80. I would believe it would be less than half that--so yes I see the deal in hindsight as having been a windfall--both in monetary value and more importantly in peace of mind.

P.S. My comments on the warrants was to point out that we all were clearly wrong in placing a zero value on the warrants when clearly they had the value (and then some) that Kinross and management communicated to us.

New Message

Please login to post a reply

AGORACOM Quick Tips

What Is Twitter? Watch Our 5-Minute Tutorial ... Watch Now

President's D.D.

New feature: Hub Presidents can add important links here.

Stock Quote