Re: SGR-SKP-WEL investing strategy - jeff
in response to
by
posted on
Sep 18, 2009 10:21AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
what i am saying is SGR has a market cap of 800 MM
they ahve a deep mine of over 5000 ft, over 200 mine employees is it?
If i am to humor takeouts, if SGR (or anyone else) are to buy out SKP, How much would SKP be worth? What would be resonable price to pay for it?
I can't see any company paying 100 MM for them, maybe 50 MM.
SO what i am really saying is the following:
I can see WEL getting taken out at 20 Million easier then i can see SKP getting taken out at 88 Million.
Either way they are all winners.