RE:RE:RE:RE:RE:RE:RE:RE:Looks like I BLEW it on this one folks.Excellent post. I don't think that there will be any obstacles in the SG sale. Keep in mind that Agnico is probably the world's largest mining company and very active in Mexico (aka they are close with the government). I doubt there will be any issues here.
Second, if you take a look at GGDs CEO and Chairmans history, it is in developing mines and selling them. Although we sold SG too early because of the debt on Parral, they proved to Agnico it was worth the $80M. When the CEO says out loud that Parral is now fixed and the metallurgy is now fixed, I believe him. I think we are likely to be bought out or merged once everyone see's that Parral is now on original course. I'd give it maybe 9 months.
Last, I do not think we are going to be victims of tax-loss selling this year. There are too many positive catalysts in the near-term for tax-loss sellers (SG sale closing, Sept financials, operational newsflow, etc.). I would suspect all those who wanted out, sold back in the summer when GGD announed they were in distress.
Patience is the name of the game here. I think we will see a revaluation once SG officially closes, and a further revaluation once everyone see's the December quarter production and resulting impact on cash flow. Fair value, today, should be around $0.75-$0.85 cents Canadian, and in 1 year from now, around $1.00-$1.15 Canadian, based on Parral and the SG sale alone.