two or more heads better than one or two Trelawney just sold 5 million ozs. to IAM for about $1/2 billion. I would love an idea how these reserves and economics might compare with Fronteer's, for a sense on how takeover market has degenerated really. With Carlin's softer digging GV is in a special class. Altough I believenCarlin ozs. have sold for as high as $425, I imagine this might be discounted proportional to Trelawney which reached a cap of close to a $3/4 billion before being sucked down with Juniour landslide the last 7 monthes. (To $350 mil before a 50% premium at sale)
Of course my tilt has undermind all my common sense. So any experience in this area would be valuable to me and most probably to all. I'm thinking many july warrants may allready be in, but I'm not sure just how to judge the chart next week. I sense something along Allemin's lines but how might volume factor in?
Lastly, does anyone have a referance to detailled litho. and structural mapping of Goldstrike or Gold Quarry, which are both multi depositional systems? Possibly a pay for library?
regards