Zeev's Turnips Patch-No Politics (ZEEV)

[basserdan]

*** Gold related post (WHT) ***

Although the market took the WHT talk of further acquisitions negatively (fear of dilution) today, I view it as a longer term positive. I guess it all depends on one's view of the future of the price of gold, and I continue to look for gold to go significantly higher.
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G'morning ml,
I don't think it was the fear of further acquisitions as much as it was the dread of hearing the miner's cheerleading squad doing their thing.....
Give me a "D"...... Give me an "I"........Give me an "L"....... <gg>
Btw, that $3.15 Canadian is $2.33187 American at yesterday's exchange rate.
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Wheaton River to raise C$100 million in bought deal
Wednesday September 24, 8:12 am ET

TORONTO, Sept 24 (Reuters) - Wheaton River Minerals Ltd. (Toronto:WRM.TO - News) said on Wednesday it will raise C$100 million ($74 million) in a bought deal offering of units, consisting of shares and warrants, with proceeds to be used for potential acquisitions and the development of its properties.
The Vancouver-based junior gold miner said in a release that the deal, offered by a syndicate of underwriters, consists of 31.8 million units at a purchase price of C$3.15 per unit.

The underwriters also have the option to purchase up to an additional 6.4 million units at the issue price up until the filing of the final short form prospectus for an additional C$20 million.

($1=$1.36 Canadian)

http://biz.yahoo.com/rm/030924/minerals_wheaton_1.html