RE: RE: Encouragingvery encouraging indeed, but dont kid yourselves, Anglogold is buying this stake to take out the entire company, and not as a financial investment. Once the lockout terminates, they will make a buyout offer at 1.00 or slightly higher as the last financing was at 1.00 even. I would guess from 1.05-1.10, for AU shares. Shareholders will approve, so Narm unless you are talking holding Anglogold shares 3 years, which I dont think you are, you will not see FIU around by years end. Bank on it.
I am long 500k at just over .43 and holding those till the 1.00 buyout. Holding 100k at .55 on top of that bought today,which I will constatntly be trading. Have a sell order on them already.
Say what you want about me, I told you that the #! suitor was Anglo a few weeks ago, and I was correct. Ill be correct again.
Mikey still dazed and confused. HMMM just dazed. Didnt you guys say I was a fool? LMFAO