Pescod's Late edition
Meanwhile, Nicolas Campbell updates us on Keegan which is having a great day today and he suggests that a scoping study should be ready by the end of this month which is going to give the analysts something to look forward to. More drilling results should also be out in a couple of weeks as well. He also wouldn’t be surprised to see the company acquire additional land in their hold- ings in Ghana.
Meanwhile Campbell also points out more takeovers today with Barrick and Goldcorp arguing over New Gold. But he does suggest that that’s a probable exit strategy for Keegan down the road...at some point, somebody bigger buys them out.
We note several analysts suggesting several compa- nies work in the area of Ghana and Red Back might be an obvious buyer.