Fresnillo Steps Out Of Mexico With $780 Million Probe Gold Buyout

There’s a major transaction afoot and to say that investors are dissatisfied would perhaps be one of the biggest understatements of the year.

Probe Gold (TSX: PRB) is set to be acquired by Fresnillo in a $780 million Canadian transaction and well, investors feel like they’ve been robbed. While many are holding out for a competing bid from Agnico, lets get down to business and look at why investors are so peeved.

Lets dive in.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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