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More M&A
posted on
Mar 21, 2009 05:30PM
One more mining merger that affects my PF. Excellon, which I own, is aquiring Silver Eagle Mines. Not exactly a real blockbuster, but there sure seems to be a lot of this activity. You look at co's like Harry Winston, trading for about $30 a yr ago, being sold for $3, which is about a 50% premium over it's price last week, but at what kind of discount to it's "real" value?
