RE: RE: LVN Valuation>> Goldcorp bought out Glamis who developed penesquito for $8.6 billion in 2006
And before that, Glamis bought out Western Silver for $1.2b. At the time (Mar 2006), the measured and indicated resource in Peñasquito was:
546 million ounces of silver,
7.91 million ounces of gold,
4.07 million tonnes of zinc and
1.74 million tonnes of lead.
The indicated resource was:
179 million ounces of silver,
2.64 million ounces of gold,
1.34 million tonnes of zinc and
0.56 million tonnes of lead.
These numbers are from a Management Discussion document from that time on Sedar.
R