Guys, don't take everything Guy Bedard says to heart........I talk to him regularly and most recently a few days ago after the ARU bid.
I have been a shareholder in PLE and ARU for over two years and Bedard has been promising the world to us shareholders for two years as we await the social license to start drilling in Peru.........His promises are legendary.............."only two more months" is what we have been hearing for two years...........He is a great guy but has loose lips and I doubt very much he knows anything about a competing bid.
He did say he spoke with Aurelian management a week before the bid was announced and laughed that Aurelian management didn't say a word about the upcoming bid...........Of course they wouldn't.
Anyways, Bedard felt the bid from Kinross will start a bidding process for Aurelian and should light a fire under the juniors in Ecuador and Peru especially once the mining law is announced........He also said that Plexmar will keep their mining concessions all intact and will not have to reapply for them.......This is what he is hearing.........How he knows this??
Once again, take everything he says with a grain of salt and don't get your hopes up...........For myself, I am not selling ARU until a much higher bid is attained..........I will not be tendering my shares for the joke of a bid by Kinross.