I think it's a good deal if you believe in Sakami projectI think the deal is good for both companies regardless of which side the scale tips most. Junior ventures' biggest challenge always seems to be capital raises to advance a project. MAT joinging forces here gives them back a project they were slowly giving up to CJC which is proving to be valuable. Says who...says goldcorp who after doing due dilligence for several months put out a preposition that pretty much benefits everyone. I wont ramble on about the project other than the grades are very very encouraging and to have Goldcorp on board is key (access to initial and FUTURE capital). They have a genuine interest in that WHOLE area investing in several companies to date.
Share price prediction post consolidation, post Goldcorp investment. I think the price will trade sideways at a slight discount to goldcorps premium untill results are out sometime this fall or unless gold continues an uptrend. Reality is 45 million shares out, Goldcorp paying .61$ (say 30 million market cap) warrants .80's well, bank account will be empty post drilling campaign so that Maiden resource will be what we d count on to support the market cap and hopefully push us over the warrant price to get those cashed in or at least raise again with a similar goldcorp price. Im thinkning if we can get 500 000 ounces as an initial maiden resource we re in business, wishful thinking?