San Gold Corporation

In the GEA/G deal I recall the wording in the release something along the lines of "both parties willing" and in my opinion potential suitors are well aware of what it would take to get SGR into the willing category and the more gold they find and the less they extract, the more they will be worth. The K/RBI deal was something similar and ~ 20% over the 20 dma but K already owned a ton of RBI shares so the sp may have been brought into range prior to the deal. If a major already owned a piece of SGR similar to LSG, GEA and RBI, I'd say the writing was on the wall but the largest shreholder by far is someone who got screwed already out of one of Canada's most profitable mining camps, if not, one of the most profitable gold mines in the world.