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Message: Re: Hypothetical Question L SG R
7
Jan 29, 2010 10:39AM

I would prefer a merger with RMX to LSG

RMX has about a 900 million market cap. For 200 million they could buy Cougar Wildcat and Strikepoint, There might be 5 million ounces on these properties. They could do that with a 50 million share bought deal and have about the same share distribution as LSG. All of these companies have huge land packages and would tie up the belt for future growth.

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Jan 29, 2010 01:54PM
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Jan 29, 2010 03:10PM
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