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Message: Peru News

Like you say, multiples of $10 per share. The takeout I remember best, and one of the most recent was Andean being taken out by Goldcorp. They had 2.5 Million OZ (but lots of potential for much more, gold & silver) Sept, 2010 they were offered approx $6.50 per share. HOWEVER, they had approx 553 Million shares outstanding. So, in SLI numbers (taking shares into account) that would be approx $31.25 per share in SLI terms, on 2.5 Million OZ!

So, if you say it comes back a quarter of what many of us say, and that's, say your low number of 15 Million OZ, which is 6 times more than the Andean deal, you guys do the Math?

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