Agree Huss.Just don't understand why they feel the need to sell....

Agree Huss.

Just don't understand why they feel the need to sell. Fekola would get financed no question given quality of the resource and all in cash costs.

Just read http://www.smh.com.au/business/mining-and-resources/papillon-resources-b2gold-reveal-merger-proposal-20140604-39ijl.html and what caught my attention was ""As long as I'm around we won't be building two mines at the same time," he said.

Curiously, Mr Johnson said the timing for the merger would have better suited B2Gold in early calendar 2015, in comments that potentially suggest another suitor was shaping up for a tilt at Papillon.

Mr Connolly did not elaborate when asked whether another suitor had been working up a takeover or merger offer for Papillon."

Am very tempted to buy more as I'm convinced instos don't believe this is extracting full value (having bought in a couple of years after the previous debacle ~47c).

If BTO was at its year high, the deal would still be worth only $2.20.

No Randgold for me must be running the ruler over PIR.

GLA