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Gold/Mining/Energy : Francisco Gold - FGX.V

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To: Bat Man who wrote (1747)3/6/2002 8:50:41 AM
From: russwinter  Read Replies (3) of 1907
 
Yeah, congrats everyone! I like to think you heard the purchase model first from you know who and GLG (I'm impressed) executed it to perfection while the majors snored:
Message 17076441
Message 17076033

I think GLG made a good purchase. Truthfully I was hoping FGX would get a bit more, but why complain. This is a bullish event for the junior sector and a very nice payoff on FGX. The question will be if it's worth just taking the tax free exchange and holding GLG now? Maybe so, as they could emerge as one hell of a company. GLG might get a good pop in the next POG surge IMO, and that gives us more than 13 bucks. I don't image there could be a competing bid somewhere? Nah, probably not, the giants are still sleeping.
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