RE:Share priceAll of us hope it will be like the Arequip[a deal with Barrick
Arequipa played it cool, holding out for an improved deal, until Barrick announced a revised bid valued at more than $1 billion. It allowed shareholders either to receive $30 per share or exchange an Arequipa share for 0.79 of a share in Barrick, plus 50?. Lowell and McLeod-Seltzer signed a lockup agreement covering 23% of the junior’s shares, and shareholders followed their lead by accepting the offer.
9 holes drilled at Pierina property.
I believe $1.00 or higher in the near term.