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TMLonggun

06/11/14 4:35 PM

#1336 RE: bobhwang #1335

I doubt it. They are fully funded and have a pile of cash and an awesome project. What incentive is there to being bought out vs building the mine? A small premium today is not worth selling the gains of tomorrow. I bet Goldcorp will eventually attempt to acquire Rubicon, but they will most likely do what they attempted to do with Osisko, and that is wait for the mine to be developed and fully de-risked and then come in and make an offer it. If someone made an attempt I bet it would be refused, although it would increase our market cap in the short term.