RE:RE:RE:Some reading while we waitI think the holdup has more to do with the price of gold than anything. When Anglo decided to put the mine on the market, gold was trading $1450-$1650/oz. Now it's $1250. That requires a substantial re-evaluation of the market value if you’re the buyer, and the seller is going to be reluctant to take the haircut. I personally think gold is undervalued, but I would have a hard time paying the same price now that I would have paid a year ago. Sometimes, the best deal is the one you walk away from.
GLTA