RE:Some historySomething is very wrong with this picture. When this deal took place AR had a market cap of 1 bil dollars just under 100 mil shares at 10 and change a share. add to that 300 mil for Magino they where trading at 1,3 bil MC and production was 100 000 ounces a year, gold price the same as it is today. Today we trade at a MC of 344 mil - cash in the bank, Wow !!! talk about undervalued.