Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE

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Also keep in mind the outstanding shares. I don't know , or have not looked them all up, but I do know the AND story.

They hit their 52 week high the day the deal was announced (Sept 03, 2010) when Goldcorp out bid Kinross:

3.5 Billion on 2.5 Million OZ (plus extra etc), BUT they have over 4.5 times the shares outstanding! That day (52 week high) they hit $7.33, on millions of volume trading.

Bottom Line, that day @ $7.33 (times 4.5 Minimum due to shares outstanding) :

SLI would be $7.33 X 4.5 = $33 (on 2.5 Million OZ)

Or if you did not get lucky and hit the 52 week high, you would get the following:

$3.5 Billion divided by our outstanding shares (approx 115 Million) = $30.43

Goldcorp Bids $3.5 Billion for Andean, Trumps Rival

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