RE:RE:RE:RE:RE:RE:RE:WowWhitney size is too small for Goldcorp. Their production guidance is a substantial increase over the next 2 years and than maintaining on a high level, so they don't mind being diluted down a lttle bit. In the end if they want to buy out TME it will be peanuts for them. Insofar TME's strategy is a bit dangerous unless they can attract another mid-tier to buy them and/or GC out. They might want to look for such a medium sized producer who is running out of mill feed in the area, don't know if there are any?
The much larger potential lies at Juby, but that will require a lot of money to drill it to a size and resource classification that attracts an offer.
But overall the share price is a joke and even considering the above it should be in the area of around 30 to 40 Cents givern the resources. But with so many shares being traded at current levels it looks suspiciously as if TME was kept deliberately down so they cannot properly finance without massive dilution.
Maybe they should sell a 5% NSR on their take on Whitney to a Royalties company.