they are looking
even this news, does not help the sector anymore... so what ?
Shandong Gold Group Co., parent of
China’s second-largest gold producer by market value, made a $785 million offer to buy
Jaguar Mining Inc. (JAG), two people familiar with the deal said.
Shandong bid $9.30 for each Jaguar share, said the people, who asked not to be identified because the information is confidential. That’s 73 percent more than Jaguar’s closing price of $5.39 yesterday in
New York. The company has 84.4 million shares issued, according to data compiled by Bloomberg.