RE: arbitrageif tmm raise their offer Gam should jump (unless the market thinks a bid war has begun). There is a break-up fee that would default to GAM which is GAM positive.
My local paper (Edmonton) reports that both boards have agreed. I'm running like this is a done deal. Gam long. Earnings will beat. POG&Silver (fundamentals) high and climbing.
Volatility lets me collect under 6$. 10$ target Jan2011