RE: RE: RE: RE: RE: RE: Randgold's Massawa deposit on the whole I agree with you Tony, but on the other hand, why give it away?
TGZ is vulnerable to a hostile takeunder, the same is not true of OLE...due to the ownership structure.
I do not know much about Bendon but they must have (more) cash? or funds? So if you cannot get your price you go to production and sell the gold.
I agree your scenario of 75 cents is more likely, but if I had put in $150 million I would not accept $110 million on a sale. (Sorry not sure if those are at all close to what Bendon has put in, and don't really care at this time, too busy watching Syracuse, I am the only one in my pool with the possibilty of getting the final four perfect)
Go Orange.
good luck all, we need it.