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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (158)9/4/2003 10:21:29 AM
From: Skywatcher  Read Replies (1) | Respond to of 7260
 
Like I said yesterday.....
Wheaton To Acquire Gold Development Projects
In Mexico Increasing Production To 700,000
Ounces
Thursday September 4, 1:51 am ET

VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 4, 2003--Wheaton River
Minerals Ltd. ("Wheaton River") is pleased to announce that it has entered into
agreements with Teck Cominco Limited ("Teck Cominco") and Miranda Mining
Corporation ("Miranda") to acquire a 100% interest in the Los Filos Gold Deposit,
together with a 21.2% interest (of which 14% is a carried interest) in the El Limon Gold
Deposits, both located in Guerrero State, Mexico, for US$87 million in cash.

their costs are $120 per ounce.....plus silver and copper.....since buying at .82 I have continually added....and on STRENGTH, not weakness
CC