RE:RE:RE:RE:RE:RE:interestingNot looking to get in your bad books too racer-x but... you are mistaken + your quote is incorrect. Goldcorp’s CEO is referring to
Joint Ventures = YES,
buyouts = NO.
Please see the
facts below (the facts are the
facts).
.....
VANCOUVER — The world’s biggest gold miners
should partner to share the financial and other risks of developing large gold deposits, the chief executive of Goldcorp Inc., the world’s third biggest gold miner by market value, said on Tuesday.
“What we are looking to do on the M&A side is find more of those large resources that are undeveloped right now
and do so in partnership (i.e. Joint Ventures = YES) with some of our senior peer companies,” he said.
“It is better to have two heads, to have two technical teams, two balance sheets,” he said.
Corporate mergers and acquisitions,
where one gold miner buys another (i.e. buyouts = NO),
were likely not on the cards for any of the big producers
as they (i.e. buyouts) are “very difficult to do”, Garofalo said.
https://business.financialpost.com/investing/outlook-2017/better-to-have-two-heads-goldcorp-inc-ceo-says-miners-should-partner-on-next-big-gold-deposit ..........
racer-x wrote: Goldcorp said "mergers and JV's are too complicated" so I take it they offer $1 and pgd asks for $3, okay let's move on people otherwise we chip in $1/shr and wait 20 years for the 100 money return ...