Seems to be a takeover target (Chairman's comments

This was posted on another forum:

>I don't think that this has been posted before, so am posting it here. On page 36 of The Australian, 29/5/02 we find the following:

"Both Ron Manners, chairman of Croesus Mining NL, and Inky Cornelius, chairman of Alkane Exploration, said they knew of several companies that had been involved in these type of discussions ... Mr Manners said if more large gold companies fall to takeovers, there would be few industry opportunities for institutions to place their money ... that would mean there would be no locally owned pure gold producer with a market capitalisation of $1 billion or more. Setting aside Sons of Gwalia, which has a market of $1.09 billion and is as much a tantulum as a gold play, the top company in terms of market cap is Croesus Mining".

Does this mean the CRS is a top takeover target? Comments anyone?<