Post by
coolshivers on Nov 09, 2021 8:56am
Newcrest
At least there is interest out there. No one here knows what the ore body looks like.
NEWCREST BUYING PRETIUM RESOURCES
The Australian miner will pay $18.50 in cash or stock for each Pretium share in a deal worth $3.5 billion. It’s a nearly 23 per cent premium to yesterday’s close and carries a $125-million break fee if Pretium walks away. One can’t help but wonder about the possibility of the B.C.-based miner at least seeing other offers, when we consider the sporadic speculation over the years that Barrick Gold had its eye on Pretium.
Comment by
Matteo1234 on Nov 10, 2021 5:04am
Fipke is buying all the way down. Reminds of Solana as it was crashing. Sam Bankman Fried kept buying it all up. Now its soaring. I know shivers, two different industries, just go with it. Stayhard