re:Neumont/Barrick...Go to T.G, Goldcorp, here on stockhouse and read the most recent NR on Neumont/Goldcorp Arrangement. It sheds light on what is going on amongst the big gold players.
Neumont is to buy out Goldcorp. The Neumont/Barrick Arrangement seems to be a mutual admiration play to achieve unrivaled dominance in the sector. But,"Why?". They must have their rational.
IMO they may be looking ahead to a time when they expect gold to rise dramatically.
This would be like putting huge gold resources and reserves together today to hugely profit tomorrow. Simply put it is somewhat like, buying low and selling high." Also, includes great control in the sector and control is a power play. Just IMO/ some thoughts.
It may affect HRT as once in play, the giant will come looking for more resource and especially reserves. Perhaps, HRT's Mar./19 NR with the establishment of its reserves is a very good move indeed!