Welcome to the San Gold HUB on AGORACOM

San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

Free
Message: Hypothetical Question L SG R

I would prefer a merger with RMX to LSG

RMX has about a 900 million market cap. For 200 million they could buy Cougar Wildcat and Strikepoint, There might be 5 million ounces on these properties. They could do that with a 50 million share bought deal and have about the same share distribution as LSG. All of these companies have huge land packages and would tie up the belt for future growth.

Share
New Message
Please login to post a reply