merges with intrepid, page-4

Long term holders will be well rewarded but traders are jumping out because there is over 3 months till this merger is completed and a booming gold price has resulted in no return for the spec trader.
Expecting to produce 160,000 oz by 2007 sounds great and by consolidating 12 for 1 it wont look like a penny dreadful anymore.
Unfortunately it means a depressed price for quite a while.
Now to do some research into intrepid.