RE:RE:RE:Wha wuld it cost to buy Falco?capitalgain wrote: Sean Roosen need an asset after the spin out, his next company maker, he's aiming for Falco....
Not sure what it will go for but it will be more than the current $50 million market cap (they have $12 million cash).
And it will surely create a bidding war, Agnico, Yamana, Hecla, Aurico also looking...
It doesn't make much sense to take over exploration assets unless OR intends to spin them out at some point after retaining a royalty.
I think it makes much more sense for OR to buy controlling stakes in explorers like FPC and NOX, then set them up for a takeover by the likes of Agnico and Yamana... converting their equity interest into an NSR royalty.
IMO, OR is thinking longer-term than you all are expecting.
The most logical acquisition for OR is RZZ.