Goldcorp gets a huge land pack. with a lot of gold discovered by Palmer and with great potential going forward.
Probe sharehholders get goldcorp paper in terms of .1755 of a G share for each Prb. share.
What is this costing Goldcorp?? Basically zero in cash outlay, in my calculation.
With 91 million probe shares out ( give or take), this would translate to approx. 16 million Goldcorp shars. Drop in the bucket for Goldcorp.
Based on Goldcorps current divdend policy, these additional shs. will require a payment of an additional $9.6 million in divdends annually going forward. Peanuts,in my opinion.
My math may be off a bit, but the "picture" seems quite clear what it is costing Goldccorp.