Mundoro Capital Maoling Gold Project in the Liaoning Province NEEDS TO GO IN CGG name! and CNG needs to go to 49 % of CGG !
Rubicon acquired 380,800 acres of prospective exploration ground in Alaska in the area of the 5.6 million ounce Pogo deposit, as well as a 225,000 acre land package in northeast Nevada.
Latest Key Developments in Precious Metals / Minerals
. Mundo Minerals
Limited Appoints New Chairman. Rubicon Minerals Corp
Announces Board Changes.
There is speculation that China Gold International will eventually make an offer for Rubicon.
Using the current share price as a baseline, China Gold's offer would be approximately $5 per share ???
Perhaps an updated PEA will be a valuable tool to positively affect the share price before a hostile or friendly offer.
I would expect Goldcorp to counter any offer.
I have no issue with a FAIR buyout of Rubicon - $5 per share is certainly NOT fair.
Rubicon may never receive a single offer but the company has qualities of a desired target.