NYSEAM:GORO - Post by User
Post by
2511MacDonaldon Dec 04, 2013 12:19am
364 Views
Post# 21966927
M&A - Merger with Yamana
M&A - Merger with Yamanahttps://www.yamana.com/files/2013%20Documents/Factsheets/Yamana%20fact%20sheet-07-11-13b.pdf
Yamana has a mine in Mercedes, Mexico. A takeover offer from Yamana would clear out this short position very quickly. Based on rough calculations, GORO should be worth $10-$12 per share versus current quote of $4.90. Predict a sale in 2014 as shareholders are unhappy with current share price.