... look out below ..., page-3

re: ... look out below ...and back in play Watso
re: "i had a look at the andean presentation the other day, and they included a fin review article, which highlighted some of the problems faced by kcn. what amused me, however, was that the article also stated that kcn were PAYING TOO MUCH for andean"

The article did not state that kcn were PAYING TOO MUCH for andean? The analyst in question said "he held concerns over the companies bid for Andean"...Many ways of reading that one.

There was also a quote "Kingsgate's Chairman Ross Smythe-Kirk, the future of the bid looks dim unless it is sweetened"...Likewise, many ways of reading that one too..

ps: downside took a few dollars off the table lately in the .40s (safety)...but still holds a heap at basically nil cost.