Kinross does its due diligence and deems Ecuador a fit place to do business. They have been meeting with senior government officials for months so they have credible information. Kinross is not going to put 1.2 billion on the table without assurances. Aurelian knows all this as well.

Now we have some of the largest shareholders of Aurelian on the Aurelian board....Barron, Anderson etc. These people know Ecuador is looking good and likely have positive assurances. On top of this don't believe for a second that these people are just going to leave 10s of millions of their own money on the table unnecessarily. Not going to happen. They know as well as we do that this is just the beginning. They needed a catalyst to get this moving and found one in Kinross.

As a side point with the downside risk of this stock now severely limited and some very possible nice upside I'm a little surprised that more aren't snapping this up at these bargain basement prices. If I had some dry powder that's what I'd be doing....a no-brainer to me.