GDX holding it’s breakout and we saw an M&A transaction in the sector
Dave Erfle is with us today for a look at the precious metals sector and the stocks. There are a lot of very encouraging things going on with metals stocks, one of the best being GDX holding it’s breakout.
In terms of M&A, Silvercorp is buying Guyana Goldfields for $75million. This is about a 60% premium on the current share price however does not benefit any long term shareholders. We comment on this transaction.
KER webinars – I have 1 webinar this week with IsoEnergy. IsoEnergy is growing a new Uranium discovery in the Athabaska Basin. The webinar is tomorrow April 29th at 1pm PT. Click here to sign up