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Gold/Mining/Energy : Heatherdale Resources Ltd

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From: canucklehead80	10/12/2011 5:40:11 PM
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100% Confidence Heatherdale’s Takeover Boosts Alaska’s Niblack By Greg Klein Prevailing market moods notwithstanding, a surge of optimism greeted the Heatherdale Resources Ltd TSXV:HTR bid to take over Niblack Mineral Development Inc TSXV:NIB. The October 5 joint announcement raised Niblack’s shares to a high of $0.23 before closing at $0.22, a 37% increase over the previous day’s closing price of $0.16. But—unusually for the acquisitive company Heatherdale did even better, closed at $0.54, 74% above the previous day. Read and discuss the rest of this article.

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