Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: tyc:> who wrote (67485)	10/13/2009 1:45:52 AM
From: marcos	Read Replies (1) of 78407

ngd.to - should be able to get a project value out of that? ... usd465m for 70%, means a hair under usd200m for the other 30 ... New Gold already has what, around usd250m in cash, so suppose they had 450m, what would they do then, hmmm ... it's been fairly plain since the three-way deal they intend it as an acquisition vehicle, there may be no end in sight to that process ... now with near 400m shs out [I think? - something like that], the usd200m is only fifty cents a share, meant a lot more per share to Metallica, shows their brilliance in scoring mr.to though, good value eh

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