I agree with you in connection with another bidder but much will depend upon Zhaojin's next announcement as to its increased holding and if any 5% plus holder declares a reduced holding. Price and timing of new bid will be interesting but I am more than happy to see the possible short covering and let the BOD and senior management take this gold story to the next stage. A gold price of circa $2500 at the end of this year is not out of the question . I am a patient resource sector investor and have been in RIO and LTR for very many years.
TIE Price at posting:
67.5¢ Sentiment: Buy Disclosure: Held