OTCQX:GTBAF - Post by User
Comment by
eatmorefiber2on Feb 07, 2022 12:18pm
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Post# 34405123
RE:Hypothetical scenario K acquires GBR----then ABX acquires K
RE:Hypothetical scenario K acquires GBR----then ABX acquires KCASHEAGLE wrote: Slight mention that Barricak has tied upp ground around GBR and wanted to wiat to jump on Kinross. They have been silent on th eKinross offer, but some sophisticated investors are hoping that the silnce mean that ABX will then make a complete takeover for Kinross.
Anyone else on these chats hear of that?
https://www.marketscreener.com/quote/stock/BARRICK-GOLD-CORPORATION-1408870/news/Barrick-Gold-Intends-To-Seek-Acquisitions-34461654/
Barrick Gold Corporation (TSX:ABX) will look for acquisitions. Chief Executive Officer said the company is sizing up a number of acquisition opportunities in Canada as it looks to boost investment in its home country.
If ABX tries to buy KGC, it'll be offered at no more than a 5% premium to the current price. Bristow is too cheap.