Yep ... it is as I thought ... some panic selling on the back of Placer Dome's share price fall overnight.
But ...... when the fall in Placer Dome is linked to the belief that there may well be another suitor for AOR the savvy investors have piled back in.
Expect a counter bid for AOR to materialise.
That ... plus a future increase in POG ... will bring good profits to patient holders of AOR.
Remember Normandy??
My case rests.
Cheers.