Re: Merger announcement
in response to
by
posted on
Jun 24, 2011 10:56AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
It's a 50/50 merger, Scout, the impact will be muted, but only by one half.
AUM shareholders are likely the ones that aren't so happy, their $20 stock company just got merged with what they will consider a penny stock.
This will take some time for us, not to mention the market, to sort out.