According to my calculations, due to the falling of the golden minerals' share-price, we don't get the best deal in these days. But however, the ratio of 0.05 was quite fair at the day they made the deal.
But I am positive: The last 1-2weeks before the merger, we saw the PPS of ECU going up a lot! If the insiders would have thought that it was a bad deal, they would have sold, and therefore the PPS would have declined. So I stay confident.
The posts above depict only my personal opinion