On reflection, seems like a very fair deal now. When you look at what GMM has spent and what it ends up with, it has paid off in spades and underlines how shrewd an operator MF is. Got the midas touch for mine.
Anything too dilutive of GXY would have seen them languish and weighed us down as well. The fact that both companies are still rising means to me that the market views it as a good deal for both parties. Still most of the upside to come for Mt Cattlin with James Bay and SdV waiting in the wings.
GMM Price at posting:
82.0¢ Sentiment: Hold Disclosure: Held