A REAL offer soon?We should be VERY close to an initial & FORMAL offer being made by either Barrick or someone else for the entire company. As there could be more than one possible suitor for FM, Barrick should be the front runner & favorite, as i doubt VERY much they would let this GRAND" & once in a lifetime opportunity pass them bye. Especially after they were willing to dish out $45+ for FM just a short time ago! So picking up FM for peanuts here at HALF the original price, should be a SLAM dunk & no brainer and not that difficult to hammer out.
Anyways......based on my gut & XP, 'im sensing something will come out VERY soon within the next 2 months. My guess.....a 1 for 1 share swap between Barrick & FM. Which though on the low end for FM, considering the mess they got themselves into is FAIR and should be easily accepted by ALL parties......
GLTA