GREY:OLEPF - Post by User
Comment by
tony1969on Feb 09, 2013 10:34am
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Post# 20962717
RE: RE: Tree and EH1.....
RE: RE: Tree and EH1..... Thanks for the reply EH1. The bottom line in my opinion is that whoever ends up buying OLE, they will use TGZ's mill to process the gold. Whether it is TGZ, IAG, EDV,GOLD it will not really matter in the end. Again it does not make one bit of economic sense to spend over $300 million on a mill when that money can be used to buy the ounces. OLE basically already has a mill. It is just a matter of time before they merge with TGZ or a major takes them both and exploits their synergies to the max.
You hit the nail on the head when you said "Maybe the RBC take of TGZ only doing a deal with OLE was an olive branch to Chet to start discussions again."
Thanks again..