Monday, June 15, 2015 10:30:07 PM
Goldcorp announced today they are selling $811 Million in Tahoe resources Stock.
http://www.reuters.com/article/2015/06/15/goldcorp-tahoeresources-sale-idUSL1N0Z128D20150615
They also raised their credit line to $3 Billion about 5 days ago, and extended the term to 2020
http://www.goldcorp.com/English/Investor-Resources/News/News-Details/2015/Goldcorp-Announces-Increased-Credit-Facility/default.aspx
GG are going to buy someone while the sector is cheap, and PVG is the target in my mind. The Writing is on the wall. The federal permit approval in Q3 will be the trigger. It makes sense as Pretivm has also been dancing with smaller Capital Raises, but not committing to Major parts of the financing components that are necessary and Large in scale.
LONG and Adding !!!!!!!!!
Van
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