Yes exactly....I'm not sure why ARU would do this? they were trading at 9-10 just a few months ago? ECU has got to hold out for longer. I know that they are being talked to but no deal struck, wonder if it's due to low balling or.

Everyone knows that after the producers begin to take hold and I have every reason to believe that August first week, the seniors will begin to take off, the juniors will follow soon thereafter. The majors know this and are going to be chomping at the bit to bag a few Juniors BEFORE the run up.....but the 43101 isnt due out till december. So we're in a quandry...I will not be pleased with anything less than 7. You say 64??? I'd be really happy with $20 dude!!!

However, that said, it was KGC that bought them....not a bad Senior at all....they not only get a slight premium for ARU, but they also now benefit, BEFORE the run up, from the anticipated significant run up of KGC. So they get a really good timing play here...