RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Today’s Response from PaulOne thing to keep in mind with many junior acquisitions: the sutior will usually accumulate around the 20% threshhold prior to a takeover bid.
If RIO ups their stake to double digits from their current 8%, we are getting closer to the end game. Once they break 10% it could cause NEM to get an itchy finger to start picking up some shares lest they prefer to kick the tires with nothing in hand.