Better carry on here Cynic....not in yet but very interesting....how's that bridge across to China getting on ?

have hacked yesterday's post 183 a bit to make it more easily readable and digestible .... not my usual 2-liner i'm afraid!

"On 6 February 2009 the Independent Board Committees of Aricom plc ('Aricom') and Peter Hambro Mining Plc ('Peter Hambro Mining' or 'PHM') announced that they had reached agreement on the terms of a recommended all share offer to be made by Peter Hambro Mining for the entire issued and to be issued share capital of Aricom. The offer is to be implemented by means of a scheme of arrangement ('Scheme') and is subject to the satisfaction or waiver of the conditions of the Scheme and to the approval of the High Court and of both Aricom and PHM shareholders.

On 9 March 2009, Peter Hambro Mining announced the posting of a circular to PHM shareholders with the notice ('Notice') convening the Extraordinary General Meeting to allow PHM shareholders to vote on the resolutions required to approve and enable implementation of the Scheme by PHM.

The PHM Extraordinary General Meeting was held today and both the resolutions proposed, as set out in the Notice, were duly passed on a show of hands.

It is currently expected that the Scheme will become effective on or around 22 April 2009."

for the first time in a year, POG's chart is challenging 200 dma, but even a year ago, it did not stay above this level for very long ...... watch carefully, as i shall do, to see what happens next and whether any action should be taken on current long positions either in POG or ORE