Post by
idlefreebird on Oct 10, 2012 12:38pm
Aurico selling assets
for $ 720,000,000 could it be to buy some other prospect as they did when they bought out Northgate minerals in Matachewan close to Timmins in Northern Ontario . That would get them Prodigy for $2.32 a share for the 310 fully diluted shares . I can't see Prodigy not getting taken out as 5.8 million onces in the M&I category is hugeeeeee . GLTAL
Comment by
goodtoreadthis on Oct 13, 2012 12:20am
Once the AUQ deal closes in Dec, AUQ should have some $1 Bill in cash to pay debt and buy stuff. Peter MC PHAIL THE COO is a great mine manager and he did great on YD. A pdg and auq merger wold make great good sense.