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Gold/Mining/Energy : GLAMIS GOLD - GLG

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To: steadyasyougo who wrote (350)3/6/2002 1:19:41 PM
From: TheBusDriver  Read Replies (1) of 459
 
This is a win-win for GLG and FGX. FGX get nearly the price they wanted and get to go on with a new company and do what they do best: explore.

GLG gets some more great leverage on POG and will prove much more resources on FGX property, IMO.

FWIW, I think GLG will initially take a hit. The company doing the takeover usually does. GLG is diluting 20% after all. But they when/if POG moves above $300 watch what GLG does then!

Wayne
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