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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?

To: coug who wrote (4348)	10/16/2007 10:08:07 AM
From: Elroy	Read Replies (2) \| Respond to of 20435

In connection with the Meridian deal, Yamana (AUY) will buy Vancouver-based Northern Orion Resources Inc. (NTO) for 0.543 Yamana shares plus 0.1 Canadian cent (0.1 cent) per share. Boy, you know how to get confusing! Here's you pre-acquisition: coug Stock Price Shares Value Cost Change NTO #N/A Trd 6.720 #VALUE! $4.96 #VALUE! TGB $5.69 4.711 $26.80 $5.79 -2% RBY $2.19 16.587 $36.37 $2.01 9% coug Total = #VALUE! So you had 6.720 shares of NTO. So you get 0.543 x 6.720 = 3.649 shares of AUY + a penny Canadian $ per share so we'll give you a penny US $ per share to keep it easy, and give you $0.0672 cents cash. How's this look? coug Stock Price Shares Value Cost Change AUY $13.94 3.649 $50.86 $13.90 0% TGB $5.70 4.711 $26.85 $5.79 -2% Cash $1.00 0.067 $0.07 $1.00 0% RBY $2.15 16.587 $35.66 $2.01 7% coug Total = $113.45