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Gold/Mining/Energy : GLAMIS GOLD - GLG

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To: Cage Rattler who wrote (449)10/15/2006 3:20:46 PM
From: John Sladek  Read Replies (1) of 459
 
Cage, I don't think that the Yahoo posters are is correct on many different levels:

all seemed to blame the drop in both GG and GLG on the merger rather than the changes within the gold market itself

The comparative chart tells a different story:

bigcharts.marketwatch.com

If McEwen can convince a judge to force a vote of G shareholders then this deal might be toast. Of course, if the G shareholder think that GLG is good value now that Penasquito resources have been upgraded, maybe they will support the deal.

Well G shareholders may not like the deal, but to claim that there is a fraud involved is unfounded.

In summary GG holders resent not having a vote and argue fraud

Personally, I think that GLG shareholders are lucky to be taken out by a company as good as G. I think that G's prospects are excellent even without GLG.

while GLG holders think of GG as an anchor holding them back.
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