RE:Seems GOLDCORP has a standing interest in Primero as wellOctodoc, I am glad to see that you managed to find an ancient article from 2012 on another company’s website. I take it that you are a new investor to this company and I am sorry for your (future) loss.
Goldcorp's shares have been bought out long ago and they made some pretty good gains...unlike the poor investors that bought them!
"Primero Mining Corp. ("Primero" or the "Company") (TSX:P)(NYSE:PPP) announced today that it has entered into an engagement letter with its shareholder Goldcorp Inc. ("Goldcorp") and Canaccord Genuity Corp. on behalf of a syndicate of underwriters (the "Underwriters") pursuant to which the Underwriters have agreed to purchase all of the 31,151,200 common shares of Primero currently held by Goldcorp on a bought deal basis at an offering price of C$7.20 per share."
The interesting fact about Goldcorp is that they will have an interest in this company/san dimas property as they will be on the hook this year for Primero’s failure to deliver the 6 million oz Ag to the silver stream.
"Primero will deliver to the Company a per annum amount equal to the first 6 million ounces of payable silver produced at San Dimas and 50% of any excess. Goldcorp will continue to guarantee the delivery by Primero of all silver produced and owing to the Company until 2029."
As for all this talk about SLW taking over a mining company, SLW has no interest in doing so as they do just fine with the LOM streaming deals and have no interest in the day to day headaches of operating a mine.
As for the strike, you cannot compare the strike of 2011 to this one. They are completely under different circumstances and I doubt this will be solved until the end of May.
My theory is that even if Primero somehow manages to get out of paying all retro and future tax money to the Mexican government, that will be shorted lived as the government will impose an export tax on all Ag leaving the country under these ridiculous streaming deals.