RE: gold down $20 todayI agree with morti If mitsu continues to accumulate and reach their 20% we are entering dangerous territory. If Rio and Mitsu get together with 40% they may just be able to pull an extremly cheap takeover . Then they can sit back and let AA spend the next 1.4 billion.
I too wish they had sold the whole project in exchange for cash and shares of the aquiring company. I do believe then we would still be getting exposure to pebble by owning shares of that company not to mention most large mining companies have gone up in value not DOWN.
There is a play happening here that the market is not taking seriously . IMO
regards likearock