Has been a very big mover this week with gains of 11c on Monday, 17c on Tuesday, 6c on Wednesday and 15c today for a total increase of 49c (17%) to $3.37.
US market is finally seeing the merits of the takeover as Placer Dome share price has been outperforming other large cap gold stocks over recent weeks.
Placer Dome will now be the 5th biggest Gold miner in the world and is subject to speculation that it also could be a takeover target.