RE: RE: RE: RE: Gold Sucks? TRR`s deal with IAMGOLD looks like done .
If you take their cash postion it comes to $75 anounce.
I dont have an idea what`s the Cap-ex is for that particular project.
About 6.8 million oz almost all of it in inferred.
So GBB is about $13 an ounce at the moment. ( Crazy Stuff)
If you want to see comprehensive outlook regarding M&A in 2012 PWC`s presentation is a good start.
We may even see different players entering the frame......download here :
https://www.pwc.com/gx/en/mining/publications/on-the-road-again-global-mining-2011-deals-review-and-2012-outlook.jhtml