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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: jrhana who wrote (1152)12/11/2003 4:14:05 PM
From: Andrew  Read Replies (1) | Respond to of 48092
 
They were preparing to takeover PDG last year or did you miss that? Goldcorp wants the mine next door badly and were accumulating PDG stock.

Do you think that would have been a friendly merger when the talk was tearing apart Placer and selling off the pieces to the highest bidder. From what I know the other majors were lining up for parts.

This was when PDG was worth less as a whole than its parts and why it has run up so much. I heard last year it was a target.

Dont think it wouldnt have been possible I heard that they had backers.



To: jrhana who wrote (1152)12/11/2003 4:19:52 PM
From: Andrew  Respond to of 48092
 
Also dont forget the Agnico insider dont hold any share to speak of so they would have little say.

Irregardless of who might take Agnico I think it is a target based on their properties and weak shareprice relative to peers.

This is business and not fun and games and the gold market is as cutthroat as it comes except for maybe diamonds.


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