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inapdave

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inapdave

Re: AmericaTheBrave post# 131

Thursday, 06/30/2011 10:17:41 PM

Thursday, June 30, 2011 10:17:41 PM

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Sell me on why this merger is good for AUMN shareholders? My concern is that the market might feel that it will take too much of AUMN's capital to fund ECU's resource. Also, why do ECU shareholders own 51% of the new company? AUMN's El Quevar potential and strong balance sheet seem to be more valuable than ECU.

So far the market doesn't seem to like the deal.
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