about lundin take over, page-4

Hi Stang and yoda,

Imho if you can get Equinox cheap it could be well worth it.

I think that Equinox is going to be taken out and we should know this in the next 4 weeks or so.

If this is going to happen you can expect a premium for your shares and certainly around the $8 or so per share.

Unless an outsider is going to bid for Lundin, since inmet can not really afford to do so, then Equinox may well walk away from the deal.

Our management are pretty smart imho, otherwise we would have never been able to see this mine in production with all the difficulties and pitfalls we had along the way.

So I do not think that management will stretch the debt component further and riks the company in this process.

So think about it, I would have taken more shares but I already doubled up, when they where much higher and my risk /reward ratio does not allow me to put more.


Good luck

jojo