I have to applaud Tye Burt and Kinross (KGC) for blind-siding the entire field and snagging nearly 75% of Aurelian (ARU.to) shares at a knock-down bargain price (which will rise to over 80% once the employee options go through the system). Once Ecuador's constitutional referendum is over and done with, the country's new mining law will hit the streets, the world will see that Fruta del Norte will have a a stable economic and political base on which it can move forward, and Kinross stock will undoubtedly benefit. Kinross has proved the old adage about fortune favouring the brave. Kudos, Tye Burt.The losers are the small retail investors, and that includes me. The only silver lining that can be offered right now is to say that the band of brothers and sisters that formed around safeharbour and his agoracom bullboard will certainly become better investors thanks to this experience. I also applaud you all over there. Of course, there are still 20% of Aurelian shares untaken, so the remnant will still trade. No need to be a part of the Russian exposure to keep a hold of FDN (for the moment, at least).
As for Patrick Anderson, I'm going to refrain from saying a lot of the things I could say (there are posts already written, anyway). I'll limit myself to "not a good businessman", and be very clear about the fact that in the future I am very unlikely (and only because 'nevers' don't exist in CapMkts) to invest or to recommend investments in any company with him as a board member.