RE: No No No!I agree that this is NOT a good deal for Frontier shareholders, but you cant blame Dundee they have a good profit and they probably got hurt in the Ecuador debacle and I would not be surprised if they are shorting ELD
against the shares they will get from the takeover, if it indeed happens.
A very opportunistic move on Eldorados part, their shares are trading at a premium and FRP was trading at a large discount due to the small public float, and the Dundee share holding that was for sale at any time.
The assets and upside potential of FRP far outweigh ELD's potential with the Macusani uranium deposit just waiting for the 43-101 report , the Columbia gold deposit getting ready to be drilled , of course Greece just weeks away from permitting and $19mill of cash. FRP should never have been trading at only $.70.
Anyway this share holder votes NO. If ELD want the deposit in Greece sell it to them for cash with a overriding royalty and management can carry on finding other opportunities after all they are explorers not miners.