Gold Corp said it will not match the joint YRI/AEM offer for Osisko, so what G is going to do with the spare cash after tomorrow when its offer of $3.6B expires? It would be expected that G has a plan B in place for other juicy targets around. One of them in a good neighbourhood is Probe. >>>Dave P: better get the updated resource estimate, including the stuff in the HGZ, done quick, so that that deposit will become something attractive like 10+Moz, with a price tag of ~$1B (for the deposit at Borden Gold alone).

Let's leave chromite and the rest of the claims, e.g. the East Limb outside any sale of the gold deposit in this hypothetical TO. Some math:

- ~$1B/75Ms = ~$13/s

- An example for a low-ball offer: $0.6B/75M = $8/s, using the same offer of ~$600M for TTR/Cote Lake which has a deposit of just over 7 Moz of low grade Au, ~1gpt.

http://www.ottawacitizen.com/business/fp/Goldcorp+abandoning+hostile+Osisko/9759897/story.html

goldhunter