SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wade who wrote (1145)12/10/2003 10:52:32 PM
From: Andrew  Read Replies (2) of 48092
 
I was hoping Goldcorp would do something better with their cash.

They had almost 400Million in cash and gold holding.

They should takeover Agnico IMO.

With 400M USD in the treasury why not buy AEM with their high stock and some cash for sweetener?

You know the institutional holders are ready to give up on AEM.

Unless AEM truly is nothing but trouble.

IMO though I think a company like Goldcorp would turn it around and then some. I would have thought it would be a good fit and since Agnico is cheap it would not dilute Goldcorp holders so much.

Who knows maybe Goldcorp already looked at it and passed.

Would be interesting to call the company and find out.

Agnico has an impressive land package to go with LaRonde
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext