RE:RE:Almost all warrants controlled by billionaire ElliottSo the question is, what is Singer doing with an undeveloped gold mine in Africa that is poised
to either be sold or built when it doesn't seem to be in his field of expertise? The answer may
help to understand the time frame and the ultimate goal for holders in this name. While I don't
pretend to know the answer, my gut feeling is he is looking at this as his own way of hedging
for the possibility of another economic/fiancial disaster as in 08. This way he buys the ultimate
in protection. He not only owns gold but also the means to produce more of it making his investment doubly more valuable in times of financial breakdown. If the US continues to muddle
on without another major meltdwon, Singer can still make millions by developing AVK and
making it into a very profitable and successful venture. He has IMO the ultimate hedge and he
is a very smart and tough hedge guy. I'm putting my money in with him.