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richgit - Thu, 30 Dec 04 :

So Christian was in fact quite right when he said POG were over ambitious with their offer,when they pinched it off him.................
and it certainly makes Christian appear somewhat astute,maybe investors should
take more note of his beliefs for EUA,,what and what isnt good value for
investors.

.............................

Shares in miner Peter Hambro slid today as the company announced it will not go ahead with the proposed acquisition of the Ametistovoye deposit in the far east of Russia.

The acquisition was originally announced in June, but today Hambro (POG) said that its technical and geological teams have carried out substantial analysis of the deposit and that the decision not to proceed with the acquisition ‘follows the board's analysis of the results of PHM's internal economic evaluation, which does not support PHM's further involvement at Ametistovoye.’


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