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OKOFF vs. ETF Alternatives
Wednesday, Feb 202013, 9:14 AM
Tuesday, Feb 192013, 4:29 PMFirst Majestic Silver (AG) says it will not match Coeur d'Alene's (CDE) C$384M offer to acquire Orko Silver (OKOFF.PK). CDE wins the battle for the La Preciosa deposit in Mexico, one of the world's largest undeveloped silver projects. AG -0.1%, CDE -0.4% AH. |Tuesday, Feb 192013, 4:29 PM| Comment!
Wednesday, Feb 132013, 8:34 AMCoeur d'Alene Mines (CDE) proposes to buy Orko Silver (OKOFF.PK) for ~C$384M, two months after Orko agreed to be sold to First Majestic Silver (AG). Orko's board says CDE's stock and cash offer is superior, and gives AG until Feb. 19 to match it. At the heart of the battle for Orko is the La Preciosa deposit in Mexico, one of the world's largest undeveloped silver projects. CDE -6% premarket. |Wednesday, Feb 132013, 8:34 AM| 2 Comments
Monday, Dec 172012, 8:43 AMFirst Majestic Silver (AG) -5.7% premarket after last night's news it is acquiring Orko Silver (OKOFF.PK) in a friendly deal. The all-stock offer implies a value of C$2.72/share, representing a ~69% premium to Orko's volume-weighted average price for the past 30 days. |Monday, Dec 172012, 8:43 AM| 7 Comments
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