GREY:CLGRF - Post by User
Comment by
Chris_torontoon Mar 14, 2013 12:56pm
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Post# 21130248
RE: RE: 10 days of basing - what next?
RE: RE: 10 days of basing - what next? What was that, Bottles!! Have you turned to the business of hype and pump?!
The quality of your posts have definitely changed as of late. Goldcorp surely does not need a $1.5 Billion notes offering to takeover Claude whose market cap is less than $70 Million. How in the world did you tie the two? LOL
And of course the logical question one would first ask is, which of Claude's assets would fit within Godcorp's expansion plans? I don't see any of them as big enough or low cost enough to come close to fitting. From what you know about Goldcorp, you think they will takeover a neglected toxic old mine with 1.2M oz potential whose IRR is probably close to zero at $1580 gold price? Or did you think they will take over Seabee whose good ore has been mined out over the last 20 years so that they can go in real deep and get their hands on less than a million oz which has total costs above current gold price? Do any of these sound like the type of deposits Goldcorp would be interested in acquiring when there are so many other low cost multi-million ounce deposits out there waiting to be developed.
C.