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Bullboard - Stock Discussion Forum Emerita Resources Corp V.EMO

Alternate Symbol(s):  EMOTF

Metals & Mining Industrial Metals & Minerals
Emerita Resources Corp. is a natural resource company engaged in the acquisition, exploration, research and development of prospective mining properties in the Iberian Pyrite Belt (Spain) with a focus on traditional base metals (zinc, lead and copper) and precious metals (silver and gold). The Company has a 100% interest in the Iberian Belt West (IBW) project. It also holds the Nuevo Tintillo... see more

TSXV:EMO - Post Discussion

Emerita Resources Corp > KL...selling for a discount? WTF. Mining merger
View:
Post by Ogopogo007 on Sep 29, 2021 5:13am

KL...selling for a discount? WTF. Mining merger

Sept 28 (Reuters) - Canada's Agnico Eagle Mines Ltd is buying rival Kirkland Lake Gold Ltd in a stock deal valued at C$13.51 billion ($10.68 billion).

Kirkland Lake Gold shareholders will receive 0.7935 of an Agnico Eagle common share for each stock they hold, the two companies said on Tuesday. The deal values each Kirkland share at C$50.63, or a discount of 9% to the stock's Monday close, according to Reuters' calculation.

year ago SP was $67...now $51..yup, making $$ in mining stocks

Comment by siegfried13 on Sep 29, 2021 10:42am
ROTFL....  :-).........the OgoDork does not approve of Tony's merger.  Ha!  Somebody should tell Tony he made a huge mistake?? I wonder what the AEM shareprice will be when gold is $2300 an ounce in the next 12 to 18 mos? (as per Pierre Lassonde) These mining 'experts' obviously don't know what they are doing?  Sell!  Sell!!
Comment by Ogopogo007 on Sep 30, 2021 11:11am
Was the "mistake" getting involved with Novo? How did that turn out?
Emerita Resources Corp