In commenting on Dynasty, Bill said that he owns ARU, a stability agreement is due soon (talked to gov't guys at PDAC),  and he expects takeovers to happen soon after the stability agreement is signed ("in the not too distant future"). 

He also said that big mining companies have to realize that they cannot replace thier reserves and that they will have to go to countries that they haven't been in before. Also Ecuador is not Venezuela - and mining can and will be done there.

As a former Top Pick (he recommended ARU at $6.72 in Feb. last year), he said that ARU was expecting "an agressive buy-out this year" and that the $9 - 10 range meant that accumulation was taking place and that a cap by headge funds and market participants was in place here.

Overall nothing new but good to hear that he likes ARU and expects some action soon.