Buyout coming I was on Fronteer before Nemont bought them for 2.5 billion or so. This was based on Fronteer's Nevada Long Canyon property. PG is a lot like Fronteer, especially after picking up Cove. With the Emirgrant Spring Royalty and the pending deal with Newmont on the Rain extenison being merged with the Saddle Deposit which will consolidate the land package it would seem logical for Nem to buy PG. But that is not all, GG has had its troubles of late, however with the tram moving into jv territory and a low cost to mine the property, gg would have an incentive to buyout pg. This would be a good fit too when adding in the Trans Canada 4 plus mm ozs. The only question will be timing, my bet is within the next 4-6 months. This is based on Cove coming in with monster results which would entice Nem to make a play. Who knows, gg may counter. In that case I would look at $10 as a fair deal. That would value the gold in the ground, say 10mm ozs plus or minus at $140. Not that high when considering the safe haven aspect of the properties. And throw in the royalty division which will be an added attraction.