I would like to put in my two cents worth....
First off.. If I'm ranting I blame it on a good bottle of merlot.
Ok that said, I'd like to comment on some of the shenanigans that have been going on.
First off:
I happen to respect John Embry... and on his last post had explained how he was hoping the "deal" would not go through.
I, naive thought that since he was one of the head honcho's at Sprott and holding over 17 million shares, representing 11% of the ARU shares would be more than enough to prevent any 90% takeover.
How I was wrong...
How can he represent clients who pay over 2% annually (MER) for his services at Sprott and then say one thing and then does the opposite.
That really irks me.
Who to believe.
Then we have Tardiff.... Goes super quiet
Or Cohen who says ARU will be "north of $10" and when producing > $25.
Super advice........
Then they sell out at $6.... (et tu brute).
Not to mention all the others who gave up.....
Well, I have been holding ARU since it's split at 37.50 and will continue....to hold....
I will NOT Tender...
Kinross will probably have the gold with ARU but I'll let them continue with their extensions.... I am a patient man.
But as for stock analysts and Money Managers on BNN I think I'll change channels , or at the very least .. the OFF button.
Thanks for the rant..
To the members of this group..... I raise my glass.. let them try to take our shares aurrrr.... (where the hell is my red shirt?)
GP