RE: RE: RE: RE: ARU comparisonsBy no means am I saying we deserve market caps like Red Back or Andean right now
But I think we can throw out the old rates paid for insitu ounces of even a year ago
This is a new age
I think with the gold price headed skyward
We are due for a flurry of M & A activity
The big guys are apparently paying a lot more per ounce these days
Normally the majors would wait til all was proven up
pick up some cheap shares quietly, and wait for a time where they can come in with a lowball bid
But can they afford to do that now?
Ask Eldorado about waiting too long
Why did Kinross pick up Underworld so early?
or even Barrick buying Arequipa in 1996 after only 9 holes were drilled
potential
I'm just another shareholder like everyone else
Most shareholders are here because they believe theres a lot more in those drill cores to come
safeharbour