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Re: checkmate28 post# 30793

Wednesday, 10/30/2013 2:40:28 PM

Wednesday, October 30, 2013 2:40:28 PM

Post# of 35749
HOC Hochschild sold GORO July13 to acquire IMZ for $360+ million consideration. Hochschild still owns 11.2 million GORO shares. They were free to sell a second block tranche in mid Oct. That would require a filing which they have not done so far.

Oct,1st
International Minerals to Be Acquired by Hochschild Mining

http://finance.yahoo.com/news/international-minerals-acquired-hochschild-mining-000000707.html

The transaction represents a total consideration of $360 million to $400 million ($3.04 to $3.31 per share), or a 24–35% premium over the company’s 20-day, volume-weighted average price of $2.46 per share on the Toronto Stock Exchange, International Minerals says. - See more at:

http://www.northernminer.com/news/hochschild-ties-up-loose-ends-with-international-minerals-acquisition/1002633194/#sthash.IEnDQKZE.dpuf

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