Yamana Buys Extorre-the math Hi Natural. Extorre sold for about $417 million. A simple calculation dividing $417 million by GWY's share total of about 130 million equals $3.20 a share. This is not scientific as there are other factors involved but it gives a reasonable measurement of expectations for GWY provided they come close to the 2.5 million ounces of reserves identified by Extorre. Around $3 seems the consensus of most on this board.
It is my hope that Batista also wants Vetas to block Beatty from being on his doorstep.