RE:RE:RE:OCB started the rumor of Coeur trying to steal Victoriaslamdunk wrote: Coeur has a history of being fair and over paying.
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This is true and sad for the shareholders of CDE, I am thinking in particular of the purchase of La Preciosa, resold with a heavy loss, and of Silvertip, but here the hope would be in exploration. However, this does not mean that, if it succeeds in its capital increase, CDE would be willing to pay much more than its current capitalization for Victoria. It is the market and it alone that decides and currently it values Victoria at less than 15 CAD and I am not sure that the shareholders would refuse a price plus a premium of +- 20%! On the other hand, nothing indicates that other suitors would have appeared and the current financial situation is uncertain and does not encourage operations requiring a lot of capital!