RE:RE:RE:RE:RE:RE:RE:RE:RE:Paul should buy in. Yes, they are pushing towards their ultimate goal: selling Casino to the highest bidder.
Here is the crux of the matter at the current juncture: there are no bidders for a multitude of reasons including:
RIO has to let the dust settle on the Turquoise matter.
NEM has to let the dust settle on the Newcrest matter.
Makets have to roll over and let the dust settle (ala capitulation) for confidence to ultimately return.
The metals market has to clearly enter a strong bull (i.e. sentiment ala what we had in 2011).
To each of the above, what is required? Patience. Let the stew marinate.
That being said, Paul is very transparent as to what the current NPV of the project is at any given time based upon current market prices. I'm quite certain that if some entity came out of left field and made hiim an offer anywhere near the vicinity of 50% of NPV you'd get your buyout announcement in short order.
How many Casinos do you think Paul will get to sell in his lifetime? Maybe one or two? Please don't treat the crown jewel of the Yukon as something that can be flipped for a quick profit and then time to move on to the next one waiting for a flip. This project is huge, extremely integral to the region and immensely important to the financial well being of many concerned. No need to rush this, we do it the correct way.
I'll add some pearls of wisdom here: if we've taken 17 years to get to this critical junction, why mess it up at the very end by trying to rush a sale at rock bottom prices? Only the suitor benefits and I can assure you I do not own any RIO or NEM shares, so no way do I have one iota of sympathy for them. I want the best price WRN shareholders can get, this is why we pay Paul to manage our company for us - to get the best deal possible.