YRI takeover offer for XG I wish I could say that same for VTR.... someone to offer VTR $3 - $4/share?!
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I guess XG has lower capex and lower operating cost/oz than VTR, but have less oz gold. They are staging their mine development. Can VTR do the same with KIaka South?
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GLTA
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Yamana to acquire Extorre Gold for $395-million
2012-06-18 05:57 MT - News Release
See News Release (C-YRI) Yamana Gold Inc
Mr. Peter Marrone of Yamana reports
YAMANA BUILDS ON ITS DEVELOPMENT PIPELINE WITH ACQUISITION OF EXTORRE
Yamana Gold Inc. has entered into a definitive agreement with Extorre Gold Mines Ltd. whereby Yamana will acquire all of the issued and outstanding common shares of Extorre. Extorre is a mining company with exploration and development stage precious metals projects, the most advanced of which is its Cerro Moro project, a high grade, gold silver deposit with approximately 1.36 million ounces of gold equivalent indicated mineral resources and 1.05 million ounces of gold equivalent inferred mineral resources, located in the province of Santa Cruz in Argentina........ blah blah blah