bgold...don't get me wrong...We are talking two different things...

You are saying that Kinross is violating the insider trading laws because they are buying shares in ARU knowing they themselves will buy the shares back..... Insider trading has to do with buying shares in your own company...not buying the shares of another company.....

If they buy the 15 Million shares for $4.75 and then sell them to themselves for $50 Million dollars that will not be considered a sale on the books and is not considered insider trading ...they are not an insider in ARU

I understand the problem but I think insider trading is not the right terminology.....If they Knew another offer was coming in from ABX down the road you might have a case....that would be using inside information to profit......if there is no profit there is no damage...there is no case....

As I have always said ...we have to remember that what is fair and right has nothing to do with being legal....like Buck said the 15Million is not contingent upon the offer to buy all of ARU...I disagree but I understand that argument.....everything else points to Kinross forcing ARU to do the private Placement OR THERE WOULD NOT HAVE BEEN AN OFFER

I think we all agree that there is obviously something wrong here...and the worst part of all is that it 'JUST MIGHT BE LEGAL AS HELL" !!