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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: TrueScouse who wrote (36047)3/15/2007 9:04:17 PM
From: loantech  Respond to of 78403
 
Barrick Gold may bid for Newmont -- BusinessWeek
Thu Mar 15, 2007 6:16pm ET
Barrick Gold may bid for Newmont -- BusinessWeek
NEW YORK, March 15 (Reuters) - Canada's Barrick Gold Corp. (ABX.TO: Quote, Profile , Research), the world's biggest gold miner, may bid for No. 2 Newmont Mining Corp. (NEM.N: Quote, Profile , Research), BusinessWeek reported in its March 26 edition.

Citing "some pros," the magazine said Barrick would go after Newmont for its proven and probable reserves of about 95 million ounces of gold.

A deal would likely value Newmont in the "mid 50s," BusinessWeek said, citing pros.

Newmont closed on Thursday at $42.14, up 70 cents, on the New York Stock Exchange, while Barrick closed at C$33.03, up 63 cents, in Toronto. (Reporting by Nick Zieminski; editing by Andre Grenon; nick.zieminski@reuters.com; Reuters Messaging: nick.zieminski.reuters.com@reuters.net; +1 646 223 6162))



To: TrueScouse who wrote (36047)3/15/2007 9:04:54 PM
From: loantech  Read Replies (1) | Respond to of 78403
 
Barrick Gold may bid for Newmont -- BusinessWeek
Thu Mar 15, 2007 6:16pm ET
Barrick Gold may bid for Newmont -- BusinessWeek
NEW YORK, March 15 (Reuters) - Canada's Barrick Gold Corp. (ABX.TO: Quote, Profile , Research), the world's biggest gold miner, may bid for No. 2 Newmont Mining Corp. (NEM.N: Quote, Profile , Research), BusinessWeek reported in its March 26 edition.

Citing "some pros," the magazine said Barrick would go after Newmont for its proven and probable reserves of about 95 million ounces of gold.

A deal would likely value Newmont in the "mid 50s," BusinessWeek said, citing pros.

Newmont closed on Thursday at $42.14, up 70 cents, on the New York Stock Exchange, while Barrick closed at C$33.03, up 63 cents, in Toronto. (Reporting by Nick Zieminski; editing by Andre Grenon; nick.zieminski@reuters.com; Reuters Messaging: nick.zieminski.reuters.com@reuters.net; +1 646 223 6162))

yahoo.reuters.com



To: TrueScouse who wrote (36047)3/16/2007 12:12:40 AM
From: marcos  Read Replies (1) | Respond to of 78403
 
csl.h - so they are still alive, that's great, and doing things, even better ... 5m shares dilution would make the f.d. around 24m now? ... PP for a nickel apiece, ouch ... well if the V-gvmt really comes up with usd5m, and 'has also suggested it could provide the major capital financing to fully develop the company's Bajo Caroni', and still leaves Cadre involved in any financially meaningful way, then wooo, something could actually ...... nah, it couldn't ... no way, almost thought about maybe adding a few shares when it opens, but that stash is my tuition money for the Academy of Porcine Aviation