TSX:LSG.DB - Post by User
Comment by
Sumcan2on Feb 16, 2016 1:17pm
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Post# 24562453
RE:Just a stepping stone for ....
RE:Just a stepping stone for ....Goldcorp's Timmins assets maybe a good fit, but they would have to finance the deal with debt or do a share placement (and at what price). $900mil. of debt would not be a good thing, especially if the POG drops significantly, (debt didn't work out too well for the oil and gas industry)
Share placement would be the best route.
We are being under valued by Tahoe in the present deal and how much depending on the premium they would have to pay for the Timmin's assets, we may be hurt even worse.
I would prefer another offer by another company such as ours.