Why merge? I would love to give you my honest answer but it...

Why merge? I would love to give you my honest answer but it might be seen as defamatory. Just have a re-read of the merger proposal (won't take too long) and you will see exactly who benefits.

I also made a mistake in my above post as I said B2Gold's AISC is around the same as PIR's. That is incorrect, as I was looking at B2Gold's operating cash cost. B2Gold's AISC for 2014 is forecast to be in a range of $1,025 to $1,125 per ounce of gold.

PIR's LOM AISC (from memory) is forecast to be under $750 per ounce of gold.

That's a difference of between $275 to $375!