Safeharbour, My guess is that FDN-BLP will sell for a min. $25 a share, my simple way of arriving at this is 18,000,000 ozs. at $200/oz. An exploration company will be spun off of ARU with the balance of the cash(50-60 million) to find more ounces on the 95,000 hectares.
Timeline, first offer will come within 2 weeks of a firm decision from the government on mining rules, royalties, and taxs. My guess April 9th/08
It is a little unsettling Patrick sold off the 800,000 shares, unless he absolutely and immediatly needs the money for personal matters or another mining venture. Other than that, being so close to a payoff concerns me.
Wes