I pray that the cash does not get whittled away in directors...

I pray that the cash does not get whittled away in directors fees and general administration expenses. I am very vary also of any acquisition in mining, including goldies. While I think analysts are a pretty useless lot, some are calling for gold to break below 1,000 to clear out the last few speculators.If that happens, an investment in a goldie is also going to melt very fast.

Quite frankly, I think they should just return the cash to shareholders and they can then decide what they want to do with the cash: invest it in miners, put it in a bank deposit or gamble it away at the pokies.