Plus its even more of a bargain for the purchaser if paying in...

Plus its even more of a bargain for the purchaser if paying in U.S. dollars, like almost half price. To put it in another perspective - if a U.S. investor bought Red right now and offered 50 cents AUD, they would actually paying little more than 30 cents on a dollar adjusted basis. l still think we should be holding out for another 12 months for all the reasons l covered in earlier posts. l dont think the relative strength to the Aussie dollar will change all that much irrespective of economic recession, so Australian gold miners will always be something of a bargain for some time to come.

I definitely think you are right about now being the time to pounce ie when our SP is still in the doldrums. l just hope our major share holders will resist the temptation to take the money and run, unless theoretical offer is absolutely outstanding. Just my opinion though.