GREY:GRFJF - Post by User
Comment by
keizaigakushaon Mar 04, 2009 10:42am
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Post# 15819465
RE: New Gold and WGI = Rip Off
RE: New Gold and WGI = Rip OffI concur, NGD is a strange ammalgamation of mines and operations all around the world with no cost saving synergies. Their stock price is way off from the peak and their marginal cost of production is quite high. Was hoping that WGI would merge with ANV, that would be a great combo. Remember, there is an $8 mill breakup fee in case either party renigs, but that ain't too punitive.