GG buyout of Gold Eagle is great news for CPQ. Those ounces are deep and underground. The Repesa deposit sits right on the surface, is oxidized in a region of good infrastructure and supportive government, as I have stated many times; "easy to mine money". Our ounces should be close to the Gold Eagle number and IMO will cost less per ounce to produce. So what are our ounces worth in the per share price? Mucho!!!
Is GG taking a position at these cheap prices and preparing for a buy out bid??? I would be. Not investment advice.