based on the NDY experience, the price being underpinned by placer's price which is regarded as undervalued, the present upward trend for the POG i think at around $4.50 u cant go too far wrong by either entering now or holding off until this deal is stitched up. i too sold out of NDY prematurely and underestimated the exent of the bidding war then.AOR is a very nice fit and therefore valuable target for placer who would be most reluctant not to cough up more to secure it if necessary. i can see this going to 6$ on the back of a bidding contest and an increased POG. as of today ive got more with this prospect in mind.and by the way i think michaelmou is way off the mark if he thinks this gold rally is false.
