We believe that the increased purchase price is justified as a result of recent increases in gold prices, the exploration success at Red Lake ... and additional synergies and tax efficiencies that we expect to arise from a friendly transaction.
More Quotes from Ian Telfer:
I think this price rise is a little bit different and it's going to last for a while, ... I think gold will stay in a 500 to 800 range in the years to come.Ian Telfer
While the prices (of acquisitions) are going up, the competition is actually lessening.
Ian Telfer
The record breaking earnings and production results are indicative of the company's ability to deliver value through successful acquisitions.
Ian Telfer
We're looking to fill that gap as our production starts to go down six or seven years from now. And these mines, as everyone is learning, take longer and longer to drill out and to permit and build, so we're actively looking now.
Ian Telfer
We're always looking at opportunities, but we certainly hope it will be sooner rather than later.
Ian Telfer
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