Gold Corp just bought Andean..
reported indicated resources of 2.54 million ounces of gold and 23.56 million ounces of silver, according to Goldcorp. That indicates Goldcorp is paying $1,339 an ounce for the asset, higher than the $1,250.95 price that gold closed at yesterday in London.
Of course they think there is another ten million ounces there..
So you roll the dice..
I think they should buy us out..I think we have 20 million ounces.
Nice thought anyway..
Portee