RE: Kinross stealing Auralian"Sooner or later that government will be out of there anyways andAurelian on its own would be worth $30 bucks a share which would boostKinross through the roof."
Or a whack job, tin pot, socialist could get in and set new legislation that would make the deposit virtually worthless to foreign companies. Remember what happened to oil agreements in Columbia? Remember what happened to oil sand agreements in Alberta? The contracts were not honored, new rules set in place, and the "take it or leave" ultimatum was given.
It wouldn't be the first time a new government castrated a bullish project. I would assume this possibility was considered by both sides in pricing ARU shares. It's called risk vs reward. Thats why we invest our capital and others buy GIC's. The comfort zone for any investment has a price.
Regards,
Wolffy