it was mentioned that Barrick could have to purchase silver on the market in order to fill their obligations to SLW last week. I thought maybe they might have an interest in Mag's portion in the JV. After doing some reseach Barrick can easily come up with silver for their SLW obligations.
After all the bad mining news from South American countries over the last several weeks the European mining interests will have a BIG problem coming up with the metal for promises to SLW and other promises for other metals if S America goes into the lockdown mode. Being Mag stuffed the Swiss presentation and didn't let shareholders listen to it one might conclude that someone in Europe is holding the MAG price down.
The trading range and illegal price suppression indicates an offer in the 12zzz for Mag............(30% premium)
There is no one here that thinks $12 is a fair price for Mag. Its time smaller shareholders think about delaying any unfair buyout through legal means. To me .....Mag management crossed the line by witholding the Swiss conf presentation from ALL shareholders.
https://www.silverwheaton.com/SilverStreams/default.aspx