RE: Merger Fears or Glamis discounting? The averaging down the lessor earnings of Glamis and extra over 100 million shares from the merger is going to really reduce earnings.
I only looked at Q3, but that quarter alone makes the earnings average down by about 30% from what Goldcorp share holders think the earnings are. Q2 earnings were very good for Goldcorp which my instinct say it means Glamis will pull the over all earnings down even further.