heres some news......
Coeur d'Alene Mines proposes $1.8B buy of Wheaton River (WHT, CDE) By Myra P. Saefong
SAN FRANCISCO (CBS.MW) -- Coeur d'Alene Mines (CDE) said late Thursday that it's offered to buy Wheaton River Minerals Ltd. (WHT) in a stock-and-cash transaction valued at about $1.8 billion, or $3.28 per Wheaton share. Idaho-based Coeur said the offer represents a 14 percent premium to Vancouver-based Wheaton River's Thursday stock closing price. The combination of the two companies would create the fourth-largest North American perecious metals company, and raise Coeur's primary silver production by 45 percent, Coeur said. Ahead of the news, shares of Coeur shares closed at $5.06, up 3 cents. Wheaton's stock closed up 6 cents at $2.92.
Since I can't post charts now........
Started by
PIK.
, May 27 2004 05:57 PM
3 replies to this topic
#1
PIK.
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Posted 27 May 2004 - 05:57 PM
Trade based on what you see happening, not what someone else thinks or hopes will happen.
#2
The_Gold_Miner
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Posted 27 May 2004 - 09:34 PM
I would have thought that news like that would have sent WHT higher. 
#3
no_mind
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Posted 28 May 2004 - 12:23 AM
I would have thought that news like that would have sent WHT higher.
The news came out long after the close, but in after-hours trading it was up .28 to 3.20 (9.59%).
#4
Guest_101001000_*
Guest_101001000_*
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Posted 28 May 2004 - 11:57 AM
Can someone tell me why WHT is only up .01 today? Also what is the ratio of buyout from CDE in terms of stock and cash?
Thanks 
