OTCQX:BGMZF - Post by User
Comment by
boss_wazon Jan 13, 2014 2:31pm
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Post# 22085870
RE:RE:Goldcorp buyout of Osisko
RE:RE:Goldcorp buyout of Osiskoyaponski wrote: TSXPLAYER1 wrote: I would hope that Goldcorp has to up their offer for the takeout of Osisko. Nevertheless, I think that if we see such a large scale takeover then it'll be very encouraging for the gold junior sector. I was just tweeting about this.
Tsxplayer
https://twitter.com/Tsxplayer1
Looks like about $110 per ounce of gold equivalent for a company producing roughly 400,000 ounces per year.
Not exactly a data point for BGM is it....
Is Osisko not @ 1 gram?
Seems to me [if COW was in production] that COW trumps that quite nicely...looking out a few years (I know...permits take time...).
Perhaps this gives reason for the BGM shareprice strength...?