RE: assuming placer dome is buying goldcorp...a straight share swop would obviously be a good deal for Goldcorp shareholders as they then become a shareholder in a major company with full international exposure. It would put the combined company at over 600 million shares issued. It gives Goldcorp shareholders a premium price . I believe a good deal would be US$ 5 cash for each Goldcorp share plus 2 PDG shares for every 3 GG shares ( this gives GG shareholders a good premium ) and reduces final shares o/s of PDG to 540,000,000 shares instead of over 600 million. PDG share value would subsequently increase due to management consolidation and logistic costs at Red lake