Hi Guys: Havent posted here in a few years.
I happen to think that we did ok here, not amazing, but sure as hell not bad.
We get $5 per share at Goldcorps share price upon closing. That could take us well above 5. That has risen and it looks like it will continue to do so. Gold price is rising.
We get free shares in new Probe which will have a very small float. New Probe will have at least 20 million dollars in its account.
G offers a dividend.
If you are sure that Borden is bigger then you hang onto your new G shares. That way you dont lose Borden.
Its a no brainer to take the deal and get shares in new Probe. If you think Borden is bigger, hang onto your new G shares.
Agnico is selling. Maybe someone else comes along(doubtful).
Why anyone would sell now and miss out on owning free shares of new company is beyond me.
