I here you...I also think the FDN project is worth a lot more than $ 20 or even $ 25....but I would take AEM STock tomorrow at a $ 25 equavalent ...BECAUSE I THINK IT WOULD BE A WINNING COMBO....and I would not look at that transaction as loosing my ARU position but rather gaining a strong position in a great company ( AEM).....with development of the FDN deposit in the future...

In reality I do not think it will happen....and I am afraid AEM will no longer exist as a separate company within a year...JMHO 

So I will take the Barrick or Newmont stock when they buy FDN and sell it for cash to put someplace else....