Actually seems like a decent deal. Considering GSR value depreciated 90% from its highs while they still increased the resource. I just hope the next deal would be to start production as we have more than enough ounces now.
At the end of the day we are paying less than $30 per resource ounce with good grades. Havent seen a deal than cheap recently but happy to be corrected.
Ann: Horizon & Greenstone Merger Announcement, page-4
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