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Gold/Mining/Energy : PAAS : Pan American Silver

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To: long-gone who wrote (231)5/15/2002 9:57:22 AM
From: Claude Cormier  Read Replies (2) of 294
 
Long-gone...

If I am not mistaking, HL is now producing 35% silver and 65% gold. With the new acquisition in Venezuella, the trend towrads gold will likely accelerate.

Does PAAS wants to merge with a gold producer. I think they want to maintain their image of being a top primary silver producer.

That is why I think that taking over BAY would make more sense for them.
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