Hopefully this merger goes through and it all gets finalised...

Hopefully this merger goes through and it all gets finalised pretty soon so we can move on, best thing for both parties I think.

DRM has about 165 mill shares and MGY has about 161 mill (not exact numbers but close enough). So once the 9.5 for 1 deal happens there will be about 182 mill DRM shares. This gives a market cap on the current share price of $56 million. Pretty damn good value, considering in 2016 this will be a 160 000 oz/pa company. Find another gold miner that can better that.

Just think if we get a gold margin of 400 bucks then, which is roughly what DRM has been getting. Sure we won't have the hedge then but gold may actually turn around a bit. There's 64 million dollars.