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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Pianoman1997 who wrote (60233)	8/30/2006 11:36:30 PM
From: PaperPerson	Read Replies (3) \| Respond to of 312739

Wow! "Goldcorp to take over Glamis" By The Globe and Mail "Vancouver — Bucking the trend of corporate Canada becoming a shopping mall for foreign investors, Vancouver-based Goldcorp Inc. will announce Thursday a friendly takeover of Glamis Gold Ltd. that will create the world's No. 3 gold producer. "The new company will have a combined market capitalization of more than $20-billion. "The deal, expected to be announced before markets open today, will put the combined company — to be called Goldcorp — in a prime position to appeal to investors keen on companies that provide exposure to a rising gold price, now trading at around $620 U.S. an ounce. "If the transaction goes ahead, it will mark the latest in a string of successful acquisitions for Goldcorp chief executive officer Ian Telfer.