RE:This may seem like an idiotic post but ...Its not at all idiotic, no i agree with you I am mystified by the 40% drop and just bought more. Even if the deal does not go through on a stand alone basis:
1)another gold company , thus experts, valued this company much higher.
2)On August 25 lobbying efforts by the president of Goldfield in the press said their shareholders are increasingly in favour
3)The fundamentals on Yamana and its last results are top of class
4)Yamana has small geopolitical risk or cash problems.
5)Look at the historical price of YRI and the gold price was 1575 and the stock was over $6
6)Inflation is a given and the prospects for gold are higher , according to experts
SO WTF is going on?
I think executives would get the premium , they said all shares without excluding a special class which would be very unlikely to exist