bsg would be ....

How much higher without what now looks like a signed, sealed and delivered takeover by one of the worst performing HUI stocks in recent years?

Since the takeover bid our Gold Index has risen by over 35%. During this same period of time the BSG share price has significantly fallen.

In recent years BSG had not been a bad underperformer.

Good drilling news being released by BSG is now completely ignored by the market. That of course was not previously the case.

My own estimate is that without this takeover BSG would currently be at least $4.00 and probably closer to $5.00. Who knows? Maybe even higher?

One other point. If you think Coeur will be easy to trade during our trading hours on the ASX it might pay to think again.

The best example is NEM. Last night on the HUI turnover was around US$280 million. Yesterday on the ASX turnover was just $1.4 million.

Last night on the HUI Coeur turnover was around US$31 million. I wonder what that would translate to in ASX turnover?