Loading ...Certainly nice to see a junior getting taken over by a larger miner. Hard to tell if it’s a “fair” price or not. Borealis’ news statement claims “an acquisition price of approximately $.60 per Gold Bull share (closed yesterday at .326) or a ratio of .93 Borealis shares for each Gold Bull share (Borealis closed at .65 Canadian, which works out to .46 in US dollars).
A premium, yes, but perhaps not so much……