WOW. Been gone for a while. I don't have a dog in this fight, so please forgive me for commenting.
This whole merger mania is BAD for USA shareholders, IMO. The RXE merger is ridiculous, if you take off your rose colored glasses. Then, the Hecla offer comes in, at a VERY low cash offer.
You HAD to see that the USA management and board did not want shareholders to approve the cash offer. They had NOTHING TO GAIN from that..... actually a LOT to lose (according to their share plans going forward....). A C$1.80 cash offer does NOTHING for these fellows that have been "running" USA, and NOTHING for the sharks at RXE, IMO.
RXE's resources are "questionable" at BEST. The poster on Yahoo (ibcb) points out that the gold processed in the last quarters is OLD... and not current production. I take him for a grain of salt, but his observation is legit. And your (USA's) board is telling you to vote to merger with RXE??????? WOW!!!!!!!
Good luck is all I can say.
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