Posted AT 1:59 PM EST on 16/11/09
Goldcorp snags Mexican miner
Junior gold miners have seen their stocks take flight on the back of soaring bullion prices, but the latest takeover by Goldcorp shows these companies still command premiums when they are taken over. Goldcorp is making an all-stock offer valued at $238-million for Canplats Resources, which has a property in Mexico that’s just 50 kilometres down the road from a Goldcorp mine.
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