DELIVERING DISCIPLINED GROWTH

Third largest primary Gold Producer in North America

Free
Message: Re: Interesting

Nov 14, 2008 05:29AM
1
Nov 14, 2008 09:32AM

I had no idea that Kinross had a board in this predominantly small-cap BBS. I just clicked here today out of sheer boredom. But I am a long term holder of Kinross, and have never held ARU. I always considered ARU too high political risk. In fact, I wasn't too happy when Kinross put in the bid.

I can appreciate ARU shareholders being bitter, but Tye Burt and company just saw a good opportunity and went for it. Actually, if they had waited longer they might have gotten an even better opportunity. It sucks to be sitting on one of the best deposits, completely undervalued, and to lose a lot of money in the process. But I'm also down similar amounts in juniors and may never recover it. That's the reality of the current marketplace. I can't even blame the managements for selling out because they haven't.

I guess at least ARU shareholders have someone to blame.

1
Nov 15, 2008 08:40AM
2
Nov 15, 2008 10:03AM
1
Nov 15, 2008 05:07PM
2
Nov 15, 2008 06:20PM

Nov 15, 2008 08:05PM
Share
New Message
Please login to post a reply