Great post D12, as usual. Very politically correct. I don't feel the need to be as politically correct I'm sorry to say. Funny normally I consider myself to be open minded and fair in my assessments and even with this hostile bid I'm still trying to make light of any takeover. Problem is...I can't.

Anderson ran Aurelian and when the chips were down a bit he just dumped Aurelian Resources for a song. In fairness perhaps they saw something that said the big Ecuador mine wouldn't be opening again for years. Personally I dont' understand why any government would allow that. It's in their interests to skim profit from the company doing the mining. I don't know all of what has happened but Aurelian shareholders appear pretty miffed at what they got in the end (it was sold for 5 dollars post split or 20 dollars pre split from what understand). Seems to me that if there was no hope for the mine re-opening why would Kinross want anything to do with it at all?

I just can't help thinking Rosseau got what they wanted and left the company with their profit, as they will do here at any little burp in the stock price. I personally don't hold any trust or other endearing emotion (oops..bad word) with a company that treats mining companies like sales items in Wal-Mart. "Ooops! This isn't as hot as it was so lets SELL IT FOR CHEAP!!" I'm not really hearing anything from Rosseau that says they won't do the same here. They have made no promises to guarantee they will maximize shareholder value.

If they, Pinetree, Sprott and other larger investment types get their way taking over the management team we will no doubt see an instant rise in share value short term. Sounds good until the shareprice plateaus at whatever that price is. IMHO with markets as they are right now that could be 5 dollars maximum. Now say that happens and they have their warrants covered why else are they in fact wanting to hold this company in their portfolio? If the market is looking bearish I'm pretty certain they'll say.."Hey..we have made back our money on this and made some good cash shorting the bejeepers out of it so lets get our money off the table and sell it CHEAP.

This is a business move. Buy in and make profit and when that can't be done in due timeframes..buy in, upstage the management team and move your guys in..then your ready to sell at the whim of the puppet management team. I don't know why I wouldn't feel a bit peeved at that knowing how Rosseau worked with Aurelian.

I agree with you D12 with perhaps a negoitiated agreement to end this amicably. Unfortunately if that was going to happen I think it would have already. Nemis made some offers and Rosseau sent out their proxy. Pretty simple to determine they aren't interested in making any type of deal. This is simply a coalition of investment firms taking their holdings and holding them against the company and its retail shareholders for ransom...thats about it and I can't respect that.. business or not. That is not gioing to get my vote, which by the way is with Nemis and his board, not with Rosseau. If I'm going to get wasted by these controlling hedge funds I'm not going to be the one to let them in the door to do it.

Vote at www.proxyvote.com Lets be heard.

Mustangman