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Gold/Mining/Energy : GLAMIS GOLD - GLG -- Ignore unavailable to you. Want to Upgrade?


To: Cage Rattler who wrote (449)10/14/2006 2:52:55 PM
From: Skywatcher  Read Replies (1) | Respond to of 459
 
there is absolutely no reason that the GG stock has fallen 50%!!! since this merger was SPRUNG on the shareholders
even with the fall in prices of the metal their bottom line will not in any way be halved



To: Cage Rattler who wrote (449)10/15/2006 3:20:46 PM
From: John Sladek  Read Replies (1) | Respond to of 459
 
Cage, I don't think that the Yahoo posters are is correct on many different levels:

all seemed to blame the drop in both GG and GLG on the merger rather than the changes within the gold market itself

The comparative chart tells a different story:

bigcharts.marketwatch.com

If McEwen can convince a judge to force a vote of G shareholders then this deal might be toast. Of course, if the G shareholder think that GLG is good value now that Penasquito resources have been upgraded, maybe they will support the deal.

Well G shareholders may not like the deal, but to claim that there is a fraud involved is unfounded.

In summary GG holders resent not having a vote and argue fraud

Personally, I think that GLG shareholders are lucky to be taken out by a company as good as G. I think that G's prospects are excellent even without GLG.

while GLG holders think of GG as an anchor holding them back.