GG/SLW Should Buy CS & SSTAssuming Silverstone does it's 3rd silver deal in the near future and proves it is a successful model like Silver Wheaton here is my question.
Why wouldn't Goldcorp buy all of Capstone and Silverstone as both a strategic and defensive move? I would snap up CS/SST in a second if I were at Goldcorp to create a near silver royalty monopoly.
Goldcorp has a market cap of $25B and Silver Wheaton is $4B and Capstone & Silverstone are much smaller around $260M each(ESTIMATE). Most of us old veteran silver investors know that Goldcorp/Silver Wheaton has a relationship somewhat similar to Capstone/Silverstone in terms of silver projects and stock ownership. Goldcorp should be able to incorporate CS/SST if they bring the CS/SST management along very easily.
Goldcorp could spin off the silver royalty properties to Silver Wheaton and they could promote D. Pylot and anyone else deemed key from CS/SST into a position with GG or SLW to continue whey are doing now in the silver mining area making deals. I think he would fit in nicely with the handful of employees that manage Silver Wheaton now.
Goldcorp could easily absorb or sell of any of the gold, copper, and non-silver mines and property assets that Capstone/Silverstone have. (Sorry, I admit I'm not sure what all the properties in CS/SST are).
Half joking, another reason I would like to happen is because it would reduce 4 or my stock holdings into only 2 and I can go look for some more innovative mining companies.