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Here's their dilema
posted on
Aug 21, 2008 08:02AM
The majors need our ounces
do they bid now and pay the $43 million to Kinross
or do they wait and see if Kinross gets less than 51%
and put a bid in later saving the $43 million
but with K pushing so hard, maybe they do get 51%
so the majors then have to buy all of K
much higher cost, maybe 10 billion, more political garbage, old mines
