Inca Kola News, live from LatAm
Wednesday, January 28, 2009 12:07 PM
Oh goody! A bidding war in the LatAm gold sector
Posted: 27 Jan 2009 06:41 AM PST
Read the PRs yourself, but basically B2Gold (BTO.to) is trying to snatch Central Sun (CSM.to) (SMC) from under the noses of Linear Gold (LRR.to).
Here's Central Sun's PR
Here's Linear Gold's PR
Here's B2Gold's PR
This should be interesting. As mentioned on the site recently, B2Gold is a fairly new company but made up of the management team of the now sold Bema Gold, so these people are no slackers. Personally I just hope that whoever gets control of Central Sun boots out the mgmt responsible for the environmental mess known as The Limon Mine and cleans up the act over there.
