The post has Goldcorp taking out OSK at $10 a share. With 316M shares and warrants out that is $3B for 6M oz's or $500 an oz. Add $500 per ton min at 1.5 grams per ton to produce the ore and that means gold has to go to $1500 min to make it viable

San will probably have 6m oz by the time OSK is in production and can produce for $350 per ton.

Difference is that OSK will produce 1-2M oz per year VS 200k oz per year for San. At $1200 Cdn ore OSK produces $100M to $200M excess cash flow per year for 3-6 years not including finance charges.

San would produce $70M per year with the same purchase price but for 30 years @200k oz per year and if ramped up with 6-8 mines to 500k oz per year would be $150M for 15 years.

Potential for more oz with area plays in the greenbelt could mean 20-30M oz in the area.

Winnipeg money could you do the finance figures on borrowing 2B to do the purchase.

Both Goldcorp and Barrick have between 1.5 and 2 Billion in their warchests for the initial purchase. Anglo Gold Ashanti and Kinross are also on the hunt in Canada for new area plays from recent news on joint ventures.