SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (13984)12/22/2005 10:41:05 AM
From: Galirayo  Read Replies (1) | Respond to of 23958
 
I'm looking for a PB here .. It's an MA Cross .. but it's ahead of the Xover .. so a Pull Back should be in order.

The Next bottom of the Flag is what I'm looking for.
stockcharts.com

Are you watching GG here .. they will benefit from the Placer Dome Merger.

Press Release Source: Goldcorp Inc.

Goldcorp Confirms Agreement to Acquire Placer Assets in Connection with Friendly Barrick-Placer Dome Transaction
Thursday December 22, 10:24 am ET

VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec. 22, 2005--Goldcorp Inc. ("Goldcorp")(TSX:G - News; NYSE:GG - News) today announced that it has confirmed its previous agreement to acquire certain mining assets of Placer Dome Inc. from Barrick Gold Corporation upon successful completion of the friendly Barrick-Placer Dome transaction announced today. The purchase price will be US$1.485 billion in cash. Subject to any required consents and governmental approvals, Goldcorp will acquire Placer Dome's interest in the Campbell mine, the Porcupine JV and the Musselwhite JV in Ontario, as well as a 50% interest in the La Coipa gold/silver mine in Chile and a 40% interest in the Peublo Viego development project in the Dominican Republic. In order to fund the proposed acquisition, Goldcorp intends to use a portion of its current cash balances and existing credit facilities of over US$1.6 billion.