Thu, May 23, 2013, 3:48 AM EDT - U.S. Markets open in 5 hrs 42 mins
Why is this acquisition affecting the stock so much?
The greek company they bought is not a producer yet...so they have too invest money to bring it into production mode.
plus its basically an all stock deal ,what a nightmare this has become
More shares outstanding now so more debt, and taking on exploration sites which cost money to bring to production.Check out AUQ who bought Northgate Minerals.
More debt? Until this morning I don't see debt here, many miners don't have debt.