Urgent Attension Required! So I've done some more digging around over the weekend, and I found out that the AUQ placement is in fact not a 100% done deal.
Carlisle management is meeting with the TSX on Wednesday about this... and whether or not shareholder approval should be required.
We all know far we would get emailing Carlisle management and expressing our interest of the Nordgold offer.
I suggest that all shareholders email the TSX directly, and express their interest. We should be able to vote for either offer (personally favoring the 9.6 cents take over). I believe that the best case for all shareholders is a take-out. If we open the door for this to Nordgold you can bet Aurico will step back in with a premium offer and so on. I think the end game this company get sold for 15-20 cents minimum, and that is still pennies on the dollar of NPV.
Again managment meets with the TSX on Wednesday, lets get the emails flowing and make sure these important decisions are brought to the shareholders.
Joel Weinstein
Toronto Stock Exchange, Senior Manager, Listed Issuer Services
Joel.Weinstein@tmx.com