RE:Oil on fire . Costs will take a hit.>> First mistake : Gldx overpaid .
I'd agreed IF gold price were headed to 1400. But apparently, not only is that not the case, it appears to me more likely that gold is headed to 2400. Which, if/when that happens, the GLDX acquisition will look like it was incrediably brilliant. In light of that, I'd say it's best to withhold you judgement on that until this plays out a little more...
>> The second would be not having a immediate good plan for toro .
To say it as briefly and bluntly as possible, I doubt there is a question in anybody's mind that the an immediate "good plan" (probably even the "best" and certainly by far the shortest path to production) is to work out a deal with Zijin to start getting Toroparu material processed asap. Now... what in the world caused you think negotiating such a deal with Zijin isn't (nor ever has been) a part of what they have planned? That said, why would or should Zijin need to (or want to) start any such negotiations prior to this merger deal being finalized, especially if they were so much as even slightly interested in or toying with the idea of acquiring for themselves the whole of Toroparu (either before, or after, any "proposed" merger)? Perhaps I'm wrong, but logically speaking, I'm inclined think any sort of deal with Zijin is most likely to have been "iced" until after the merger with GLDX was finalized.
>> Remains very very undervalued vs peers .
Well, I've absolutely no doubts about that. No if's, and's, or but's.