I previously addressed the Meridian comparisons in September of 2007, since then we have an offer on the table for about $6 PDV I firmly believe that spouting out for $60 is just silly period, and is counter productive to the mission this board is on. Do you want to be taken seriously? Then drop the $60.00 buck a share crap.
Posted on SH September 2007 (Kind of neat looking back):
ARU cannot be valued the same as a Meridian until such time that the gold in the ground is proven and probable. Therefore using a $318.00 per ounce value at this point in time is grandstanding to say the least. The 43-101 report we are all waiting for will be the very first step in determining the excellence of this discovery, it will be an inferred mineral resource estimate done to 43-101 standards. I have copy pasted right from the CIM definitions so everyone knows what we are getting come Mid-October. My bet is 15 million inferred, valued by a big shot at $200.00 per inferred ounce, post draft legislation.
Now, the above with your 'counter productive' remark is a reasoned explanation and not only sounds good but provides another point of view. It just seems that with regards to Fearless you always want to be, 'in your face.' Am I wrong?
