Go to http://www.gammonlake.com/news_2003.htm
2003 Press Releases
December 11
Gammon Lake Increases Gold-Equivalent Resource At Ocampo To 4.4 Millions Oz. By Completing Buy-Out Of Bolnisi Interest At Ocampo Open-pit Area.
Check the pdf file. BSG sold out for peanuts.
Is BSG again badly undervaluing their Mexican assets via this "merger".
There could be a case for arguing that if you discount Coeur's troubled Kensington mine where the greenies and the Courts are not permitting Coeur to mine, and if you discount Coeur's planned large silver mine in one of the most politically risky countries - Bolivia - that BSG's assets in comparatively political risk free Mexico are superior to what is left in Coeur, and instead of one BSG share receiving 0.682 Coeur shares, that one BSG share should receive MORE THAN ONE Coeur share.
BSG
bolnisi gold nl
