Ann: Becoming a substantial holder, page-12

These banks don't just say "oh lets buy 5% or 6% of a stock and hope they will make money. In a situation like this they would have consulted their analysts and come to the conclusion that, 1/AGO is massively undervalued, 2/ Commodity bull run is well underway despite a short term downturn, 3/ MIN's Chris Ellison is well known for making low opportunistic offers. 4/ 5/ 6/ I'll let you guys fill in the gaps. Let the bidding war begin.