Re: ... it didn't matter how long you held out, they still had to offer you the same

Aurelian Resources Was Stolen By Kinross and Management But Will Not Be Forgotten

The company whose shareholders were better than its management

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Orange Flash

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Re: ... it didn't matter how long you held out, they still had to offer you the same

posted on Sep 24, 2008 10:59AM

Well, the difference I see, based on postings to this Forum and not on any expertise or knowledge I have, is that after Kinross attains 90% they can apply to a Court to force acquisition at a fair price, not the offer price, and the holdout shareholders may make submissions for a higher price.

If anyone disagrees or has supported knowledge otherwise, I hope he/she will post it for our enlightenment. I believe Kinross could alternatively make us an improved offer without going through the Court process. Right? Wrong?