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Non-Tech : Conquest Resources Limited -- Ignore unavailable to you. Want to Upgrade?


To: NYBob1 who wrote (8)1/4/2010 12:50:35 PM
From: NYBob1  Respond to of 16
 
I had discovered, through a reliable source, the real reason
why Goldcorp acquired Gold Eagle Mines located directly
to the west of their property in july 2008, for 1.3B.
It had come to Goldcorp's attention that a major gold mining company,
one my source had been working for at the time, was buying up
Gold Eagle shares in order to launch a takeover bid for the company.
Upon hearing this Goldcorp freaked out and immediately
launched their own takeover bid for Gold Eagle Mines
and ended up paying top dollar for the property.
The reason I bring this up is after hearing about this it
got me thinking.
If the thought of a major mining company moving in on Godcorp's
properties and subsequently challenging their supremacy
in the Red Lake region was what caused them to spend 1.3B
to prevent that from happening what would they do if they
were to discover Conquest was being pursued by a major gold
mining company on the east side of Goldcorp's property.
Not to say, this is the case, however, this little share
purchase recently by Mr. Kearney might be interpreted by
some as what poker players like to refer to as a TELL.
In other words has he tipped his hand with regards to what
the future might hold for Conquest Resources.
I believe he has.
JMHO of course.

gCalf, from another CQR forum