Top Bullboards post:
“The RBC analysis that aude posted a link to the other day, is for the combined company post merger. It values each of the assets to come up with a target ($11) for the post merger shares of PG. It can be used to look at what fraction of the assets of the new company came from each of the predecessor companies. (Anyone want to check my math?) PG's puts in 78.3% of the assets, and PG shareholders get 86.2% of the shares. GRC puts in 21.7% of the assets, and GRC shareholders get 13.8% of the shares. The exchange rate required to divide the shares in approximately the same proportion as the assets each entity is contributing would be about .27 PG shares per GRC share. Remember this is an analysis done by an independent, unbiased analyst.
If anything, IMHO, this understates GRC's contribution, since Key Lake appears to be rolled in to Hardrock (or ignored altogether), and of all GRC's other properties, only Brookbank is considered to have any value at all. And as fulogas has pointed out, Brookbank's ounces are understated by about 40%, and for some reason valued per ounce at about 60% of the per ounce rate for Hardrock. Northern Empire's resource and potential count for 0, as does Leitch/Sand River, Nortoba/Tyson, the Timmins properties, etc., but all of PG's assets are given value in the analysis.” From MudCreeker on the Goldstone Resources (TSX: T.GRC, Stock Forum) board.
Top Bullboard:
Copper Fox Metals (TSX: V.CUU, Stock Forum) received the most reads and posts on a day its stock price slipped more than 8%.
Top blog:
LexLuthor2 suggests buying these two gold stocks at current levels in the Lex Corp blog.