Post by
JRaffles on Feb 08, 2016 12:08pm
GgoldCorp
It has been suggested that G may not bid for LSG, since they would have an interest via their 25% shareholding in Tahoe.
However, with a paper bid for LSG, G's interest via Tahoe would be diluted to, say, 15%.
With a 25% shareholding in Tahoe, G may be in a position to add this % to theri earnings. However, with an investment reduced to 15%, would probably mean that G would not be able to report earninss in their P&L.
Comment by
chapulin on Feb 08, 2016 12:14pm
Wait a sec, I thought I read somewhere that Goldcorp sold all their interest in THO back in the summer!
Comment by
elmoreno68 on Feb 08, 2016 12:36pm
G divested its stake in THO last year. elmoreno