Craig Stanley say's a competing bid is unlikely

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bill40

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Craig Stanley say's a competing bid is unlikely

posted on Oct 26, 2012 06:45PM

Expert Analysis

Craig Stanley, Stifel Nicolaus (10/22/12) "The proposal for a friendly acquisition of all of the issued and outstanding common shares of Prodigy Gold Inc. was made and announced by Argonaut Gold Inc. . .the deal gives Prodigy’s shareholders: a significant premium to recent share prices, as well as the 52-week high, continued exposure to the development of Magino. . .and exposure to Argonaut. . .we believe a competing bid is unlikely."

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