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Message: PP
A private placement -flow through shares- is close at 0.55 CAD, essentially a bahind the scenes ruising by Securitor once again. In Q2 consider the PEA and possible upgrading of the resource once again. After the take overs of Probe, Goldstrike, Carlisle, Gold Canyon, this is imho the last lowhanging fruit in the M&A business now goldprice is moving up. Goldcorp is to make an offer, most likely around the .75 markt, possibly up to .90 depending on even higher gold price, merels based on proven ounces in the ground. Eastmain holds a higher grade than peergroup, has the infrastructure, larger institutions already present and currently hardly any competition as far as pertains other take over candidates. Mr. Don should be ready to move on by now, goldcorp to save his salary through a job in another entity or greenfield ? In Q2 Goldcorp should have access to all info and details to round up the entire transaction in the second half of 2016. Expecting the SP to be around .60 somewhere around April, as we have seen.62 last Spring. The story only got a lot better at current goldprice well above USD 1.200. No need for a bidding war to get more than a decent return from current SP here.

Mar 18, 2016 11:21AM
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