U.S. dollar will free-fall...
Gold may hit 1000.00/ounce in the next 12 months.
What will a major pay for a company like ARU, who by the time someone makes an offer, could have an estimated 20 million ounces plus of gold and 30 million ounces of silver and counting?
If gold hits 1000.00/ounce, then we may see bids as high as $250.00 U.S. (290.00 canadian)per ounce of gold, for our beloved ARU.
Do the math, $290.00 x 20,000,000 ounces = almost 6 billion canadian divided by 35 million shares = 171.00/share
Now, if ARU holds off any offers for long enough to discover 30 million ounces of gold and maybe a nice world class copper deposit thrown in for good measure, then we are really going to be laughing all the way to the bank.
There are even some very brilliant minds out there that are predicting gold will reach 4000.00 to 5000.00/ounce in the next few years.
This is not the time to sell a company like ARU. Let's let the tide take gold stocks to their new highs and watch in wonderment.