I think Kumar should do a little more research. I doubt this bid to to buy 70% of AGO but rather 70% of Ridley, one of many of AGO's tenements.
Given AGO's current market cap is close to a billion dollars they would certainly be getting a bargain buying 70% for $230 million.
Thanks for the post though blades...Interesting times. But remember DF said there are several interested parties, a bid may still be forthcoming!
