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Message: Why wouldn't Agnico want Borden Lake?

Hey all, first time member and poster here...been lurking for a long time.

I was a GRAYD shareholder when they were acquired by AEM almost a year ago to the day for $2.80 per share (or approx $275 million). From what I recall, the takeover came several months (maybe even a year) after GYD released their PEA.

Less than a million ounces and similar grades, huh?

Let's see what Probe's PEA looks like when it comes out. If positive, there should be little reason for PRB to not command a much, much, higher purchase price than GYD.

That said, it's hard to make cents from a senseless market.

Cheers!

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