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


To: loantech who wrote (67614)10/19/2009 8:55:19 PM
From: loantech  Read Replies (2) | Respond to of 78418
 
Maybe around 167,000,000 shares for Glamis so about half of NGD.
<VANCOUVER, British Columbia - Canadian gold miner Goldcorp Inc. has agreed to buy Reno, Nev.-based rival Glamis Gold Ltd. for about $8.6 billion in stock in a deal that will create one of the world’s largest gold producers.

The new company will have proven and probable reserves of about 41.1 million ounces of gold with focused operations in the Americas and 11,000 employees.

Under the terms of the agreement, shareholders will get 1.69 common shares of Goldcorp for each Glamis common share. Based on Goldcorp’s closing share price on Wednesday, the offer values Glamis shares at $51.49 each,>