Taking it to the streets. Stockhouse.com: Taking it to the street
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RE: NEWS RELEASE>>>it's official..BUYOUT
 

Doh! and Congrats.  I was seriously thinking about buying into QMI this week.  OSK killed that idea for me.

 

Andrew on BNN just mentioned that the deal is roughly at $95-97 per ounce.  Not bad at all considering that AR just paid about $45/oz Au for PDG.  Of course, you do have higher grades than PDG and upper beaver probably goes into production a wee bit sooner as well.

 

Still makes me wonder about when the rest of the junior market will start to see any benefit and uplift from these takeovers.  Companies like SFF with their less than $5/oz Au in South America, or NKL in the Yukon with a less than $9/oz AuEq (or perhaps <$4/oz AuEq if you throw in the base metals).

 

Anyway, well done QMI longs!  

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Pacific North West Capital Corp.
Pacific North West Capital Corp. (TSX: PFN; OTCQX: PAWEF; Frankfurt: P7J) is a mineral exploration company focused on the discovery, exploration and development of PGM and nickel-copper sulphide deposits in geologically prospective regions in North America, particularly Canada. The Company's key asset is its 100% owned River Valley PGM Project in the Sudbury region of northern Ontario. The River Valley Project is one of North America's most advanced primary PGM deposits...