$AUPH - I think we Hear something Material on the BO process, via Bloomberg or Company in the next several days.

Deal flow timelines.........we are close

This puppy has Buyout written all OVER It. It's gotta be close. I say within 60-days. Tops.

Ink is Drying on the Final Details. This has been in the works for Months, and the Finish line is NEAR. All in my opinion.

Go time !!!!

Added a bunch here today FWIW. I love this company Sub $15, and PRTK below $24

LONG

Van

OT: New Gold RR Mill commissioning in mid-2017

http://finance.yahoo.com/news/gold-provides-rainy-river-project-114500998.html

Yep, recent buys look bad here....but come Nov or Dec. they should look brilliant. I also continue to add NGD and IAG at tehse cheap levels.

PVG = Best of Breed


LONG

GSK consumer unit off the table it appears - http://www.telegraph.co.uk/business/2016/09/20/glaxosmithkline-names-emma-walmsley-to-replace-sir-andrew-witty/

Perrigo is becoming the Best viable option for several companies to acquire if they wish to expand in the US generics category.

We should get some meaningful news with PRGO soon


LONG PRGO.

PRGO - I'm buying the Rumor here, and settling in for the Long Haul

Van

PRGO - Reckitt Benckiser Buyout Potential


Pretty quiet here for a company that may get bought anytime....literally any Day. The puzzle pieces are fitting together way too well to be just a coincidence.


Timeline:

Back in 2015 Mylan tried to go hostile for Perrigo at a $180+ price tag, but did not succeed.

June of 2016 - Rumor hits the street of a Mystery UK buyer for PRGO at the $20B level.

July of 2016 - Rumor hits again that the UK buyer is Reckitt Benckiser of the UK, and preparing a $20B offer.

September 11th 2016 - Activist Starboard Value LP takes a 4.6% stake in PRGO, Advocating several actions within the company to Unlock Shareholder value.


Reckitt Benckiser has publicly looked at buying both Merek's Consumer health division, and Pfizer's Consumer division, but both of these are now off the table. Merek's sold to Bayer, and Pfizer is not breaking up the company until at least 2018. The Pfizer news just came out 6-days ago, so until then BR may have been waiting to see if that was a Viable option. Now it is not. There are far Fewer matches for RB now, than were possibly on the Table in 2014-2015. The clock is ticking for RB to make a move, and I think that they may make a bid for Perrigo before the new year.

My guess is RB has been kicking the Tires on Perrgio now for several months (since at least June), and waiting to see where the Dust settled on the Pfizer Breakup. RB was also mentioned as a buyer for Church & Dwight this Mayy, but those Rumors were Denied by Church & Dwight.

The last Rumor in June of this year even stated the financial Firms advising both PRGO and RB. This Seems awfully specific for an unfounded Rumor, and the June Rumor actually supports the RB theory, and the July story as well. Both Reckitt and Perrigo did NOT deny these Rumors.

Last month, a report claimed Perrigo was close to an agreement to be bought by a UK-based company for $US20bn, although it did not name the latter.

The report in StreetInsider.com cited a source as saying Morgan Stanley (NYSE:MS) was advising Perrigo and Barclays PLC (LON:BARC) was among institutions advising the UK company.


Reckitt Benckiser has been on the Acquisition hunt since at least 2014 to expand their Consumer Health division. They have not Purchased anything yet that fulfills that Goal.

RB CEO:
RB’s net debt ratio of 0.7 times adjusted earnings before interest, tax, depreciation and amortization is below that of competitors Unilever at 1.1 and Procter & Gamble Co. at 1.3, meaning the company has financial flexibility to pursue transformational acquisitions. Discussing firepower, Kapoor said that RB is not thinking about limitations on the size of a potential deal.

“If any of the interesting consumer-health assets were to come up today, I believe RB has the capacity to do it. Any of them,” he said.


With PRGO stock trading at $93 from a High of $200, with a shareholder base that is Angry regarding the slump in Stock Value, Perrigo is Ripe for a takeover bid in the $135-$160 range. The Rumor articles state that Perrigo is looking for a minimum of a 100% premium, but I don't believe if RB or another acquirer made their offer Public, it would take that elevated Premium to get it accomplished. With Starboard coming on board in the past 3-weeks, the Board and newer CEO will be under tremendous pressure to get the Share Price UP, and seriously consider any/all Major moves that may be good for the Stock Price.


Option Volume has been slightly unusual 3 days the past week, with Call Volume above normal, and directionally Bullish Action.

I continue to Add the Nov and Jan PRGO call options, along with the PRGO common stock which is Cheap whether the Perrigo Buyout with Reckitt occurs or not.

LONG PRGO !!!!!!!!!


Links:

http://www.fiercepharma.com/pharma/perrigo-up-for-20b-sale-to-mystery-u-k-buyer-report

http://www.proactiveinvestors.com/companies/news/128264/reckitt-benckiser-set-to-bid-for-perrigo-rumours-128264.html

http://www.modernhealthcare.com/article/20160926/NEWS/160929928

http://www.bloomberg.com/news/articles/2015-12-04/reckitt-benckiser-ceo-would-look-at-buying-pfizer-consumer-unit

http://www.fiercepharma.com/m-a/reckitt-benckiser-gives-up-on-merck-otc-deal-leaving-bayer-open-shot


http://www.cnbc.com/2016/05/19/church-dwight-shares-spike-amid-report-of-reckitt-benckiser-takeover-bid.html

http://thefly.com/news.php?symbol=PRGO


http://247wallst.com/healthcare-business/2015/06/01/3-specialty-pharma-stocks-that-could-be-acquired-in-2015/

Pfizer Drops plan to Breakup Company - PRGO on Deck for Reckitt

With Pfizer announcing plans that they will no longer breakup their Consumer Health division, another viable option for Reckitt has been taken off the table. My guess is they have been kicking the tires on both options for several months. In my estimation, there are fewer and fewer Consumer Health Divisions that fit the bill that Benckiser is looking to acquire.

This move may entice them to act, now that the other Potential target is off the table until at least 2018.

PRGO is in the Cross-hairs for them IMO :)

See Below.


http://www.iol.co.za/business/international/pfizer-drops-plan-to-break-up-company-2073247

http://www.bloomberg.com/news/articles/2015-12-04/reckitt-benckiser-ceo-would-look-at-buying-pfizer-consumer-unit

PRGO - I believe we get Big News here within a couple weeks. The UK buyer rumor is True in my Mind. Loading Call Options for Nov-Jan for a Big move UP. Options are trading TOO CHEAP for the buyout potential here.

Pretty Quiet on the Web about this stock.....I am surprised by that.

Van

I'm adding PRGO here. The stock is undervalued, and I believe the Takeover chatter from June and July is legitimate. The time for a buyer to strike is now while the stock is cheap, and the sector is experiencing major consolidation. A Perrigo Buyout is definitely a possibility. Reckitt Benckiser seems like a Good guess in my mind, as they have been on the Hunt for months, and picked up nothing major. Perrigo is a good fit for Reckitt

With Starboard taking a stake here, I think PRGO will have positive news within the next 4-weeks either way. They will make the BOD and Directors Unlock the True value of Perrigo. Adding PRGO Call Options and Perrigo Stock Daily.


Van

Agreed on something is up. However, this name is well known in Canada. Lots of value here for the right buyer......nice new Mill in a great area.

IMAGOLD should be buying this company. They need the long term production, and they have the $600M cash in the back to make it happen.

With the vast money poured into this company already, someone is going to get a steal on buying the assets and the mill CHEAP !!!

Holding.

Van

Hoping PVG dips back into the $4.80 range one last time, before this Bull Gold market really starts to take off.

The rice action in the space the past 14-days is saying we may have finally put in a real bottom, and a sustained break of the $1200+ level is on deck.

LONG PVG, and it continues to be my largest holding. It's a good one to flip, but at some point this is a $10+ stock folks !!!!


Van

In both ETE and WMB today. ETE will survive this near term pain, and would actually see a HUGE pop if they somehow cancel this deal.

On the flip side, they are now picking up WMB for a song. Too bad the cash component is so high.

Holding both through the Week. I believe both prices will look much better in 7-14 days.

Long

Van

It looks to go higher, before it Goes much below $5.50

Nice High Grade confirmation on the In-Fill drilling.


Van

Looking to reload on the weakness in the sector, but PVG has refused to hit the $5.00 mark again.

Lots of time to go during mine construction, but drilling continues, and we may see MEGA hits again here shortly.

I am also accumulating LSG here below $.83...no Brainer trade IMO.


Van

Sold a bunch today at $5.60-$5.64. Hoping to Re-buy on any dips in the next 2-week period.

Let's see if this trading strategy will work.

PVG is still the best developer in the Space.....my favorite position.


Van

Buyout nearly complete. We should be getting LSG shares by months end. Good JOb everybody who held, and bought the last 12-months.

More consolidation is coming in the space. I'm watching Metanor, and Abitibi royalties, IAG, PVG, LSG, and many others.

GG and SLW are also steals at these silly levels.


Van

I am not that technical, but my average is $5.25ish, and anything below that level is a great buy to me.

I think we get some news on Tuesday AM, over this long weekend.


LONG PVG


Van

Thanks Drilla !!! Still holding. Now with production, it'll be interesting to see how we perform in the next Oil price inclining environment, which can happen sooner than many think.

Van

I like where they are at today, as opposed to my buying range. Market unraveling in progress.

QE3 is coming this Fall.

My current Buy list, in order.

1. PVG
2. IAG
3. NGD
4. SAND
5. SLW
6. GG
7. LSG
8. GSV
9. HL
10. XRA
11. AXU


Cheers and good Luck !!!!

Total Gift. I realize the gold market is not cooperating, but this price level of $4.46 in teh US market is insanely cheap. I continue to load, and expect Great news on Final permits in Late August, and some explosive moves Up.

I still contend PVG will be in play once those permits are issued. Having not finalized the financing piece let a larger company not be hamstrung by terms they may not prefer.

LONG PVG.


Van

This is a VERY good pickup for Lake Shore. Cheap high grade ounces with Whitney, and a nice Bulk asset with Juby.

Whitney is cash in the bank for LSG and their existing Mill.


A great Match, Cheers !!!

Van

OT: With consolidation continuing in the space, I fully believe Metanor will be picked up next. Most likely by New OBan if they don't raise their Temex bid.

Cream of the Crop Juniors are merging to create value.......GSV, Metanor, Exeter, and a few others may be close behind.

Boom !! A higher Offer by Lake Shore Gold, Link

http://www.stockhouse.com/news/micro-cap-report/2015/07/16/microcap-report-temex-resources-v-tme-rockets-on-lake-shore-gold-acquisition-bid


A great Offer !!!!!


LONG TEMEX


Van

Great minds think alike.......I think Late August will be a very very big month for PVG. I intend to load all I can under $6.00 in the coming 6-weeks.

I believe Final Federal permits will be issued Late August, with a friendly offer by GG shortly after.

Either way, alone or merged, Brucejack and Snowfields are company makers !!!!!!!!


Van

Pretivm PVG In-Fill drilling results PR link

http://www.pretivm.com/news/news-details/2015/Pretium-Resources-Inc-Valley-of-the-Kings-Underground-Infill-Drilling-Progresses/default.aspx


Continual high grade hits. This is my largest holding in the mining space.

Easily worth $10+ in this environment....trading at $5.30


VAN

Other companies would DIE for results even 1/4 as good as these in-fill drill results.

This Mine and company is a No-Brainer at these levels. Compare this to Detour, and we should be 4-5X higher when the mine is built.

With any pop in gold in coming months, this can FLY


LONG PVG


Van

The High Grades Continue !!! PR Link

http://www.pretivm.com/news/news-details/2015/Pretium-Resources-Inc-Valley-of-the-Kings-Underground-Infill-Drilling-Progresses/default.aspx

Holding a LARGE chunk through the vote. Hopefully OBAN will sweeten the deal.....if there is a chance in that scenario unfolding, then Temex is a buy at this level.

Van

PVG - Insanely cheap down here below $5.00. I continue to add, and feel this is the last cheap buying opportunity we may get before Final Permits and Financing is concluded.

Never thought we would see this level again. Nice buying opportunity in my mind, and I am eating my own cooking.

LONG PVG


Van

We should continue to get Drilling Results from the In-fill drilling they are doing at Brucejack this Summer.

As always, Pretium Drill results have the potential to Shock and Awe !!!!!!!


LONG PVG


Van

Nice board Cork !!

Here is my Current Metal and Mining buy list;

1. PVG
2. SAND
3. IAG
4. GG
5. GSV
6. GORO
7. Temex
8. SVBL


Cheers !!!!


Van

Great entry at these levels.....


Long pvg


Van

OT: for those investing in the intermediate and major mining sector i highly recommend you take a look at PVG Pretium in coming days/ weeks.

I believe final federal permits are only 8-12 weeks out, and the company is severely undervalued.

Anything under $6.00 is a no brainer. Its my largest holding.

Cheers !!!

Van

Other temex board still down....fyi