to me how you benefit from this combination other than the quick dumping of the stock after glg/g merger. GLG has a nice p/e ratio of 86 vs G having a p/e of 32. Wouldn't that tell you that GLG is over priced or is trying to get G for peanuts? Looking at their valuation G is undervalued due to McEwen not doing much other than waiting for retirement. If G was giver similar p/e ratio G would be hovering around $50. Wheaton has copper and thus it's not carrying a high p/e ratio but what's killing wht price is the short position which would disappear with the merger and would create a most profitable miner out there and thus in the long term the stock price would start to reflect that and stock would move to $20 US without glg merger.
So I would like to hear from some glg/g supporters why they think this is a better merger in the long term.