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amarksp

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amarksp

Re: OriginalFred post# 305

Wednesday, 02/08/2006 1:30:11 AM

Wednesday, February 08, 2006 1:30:11 AM

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I voted yes as well. Yamana acquisition was best in short term, but NOT best for long term investors...

IMO, most of Yamana price rise is likely attributable to RNC acquisition which is highly accretive. Sure wish they would have exchanged 1.5 shares rather than 1.2 shares, would have been a much fairer exchange...

FWIW, look at the Canaccord Fairness Opinion in Exhibit C. There are NO numbers!!! Just words to the effect on how they valued RNC without any numbers... Have reviewed Fairness Opinions before and my recollection is the others contained numbers to support their opinion.

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