this is a great deal for Yamana. You idiots onthis board fail to relize gold will be over 800 by years end. Most likely it will touch 870-890 on its way to 1600 with a few years. Yamana will be a 40 dollar stock within 30 months, so go ahead and short it!
Please let these people dream all they want for the only alternative is for them to wake up with the point being if they woke up they might actually want to associate with someone with a clear head on their shoulders.I would have great pity for that poor soul.
The issue is that Marrone lied by calling the prior offer final. Sure, in over two year (by your projections) this may be a $40 stock (again, only if you think that the dollar will continue to weaken for over two straight years), but in the meantime I don't want to sit around and stare at dead money, if I can get out now and get back in at the same level a year from now.