I simply cannot get over the fact that shares are being
issued at $ 4.74 when the negotiating parties, all, know
the takeover in place at $ 8.20 value.
The dilution of value to shareholders outside the gang
is obvious: we got raped, gang raped . No better term.
ARU management remains silent; Kinross brass celebrate
their ingenuity over the common idiots.
The exercise is put before TSX (the leading exchange in
the nation) or OSC or whomever for their standard blessing. The media (as far as I can determined)
does the usual niceties. Where is BNN, Globe FP & Co
to go into the essence of the deal.
What the ARU/Kinross gang is trying to accomplish is
simply "theft"
I am fed up with the corrupt sytem; no guts but fat
salaries.
Tina