Compelling Value

Gold Stock Analyst (09/10/2009)
"Gold Stock Analyst (GSA) is making Terrane a Top 10 because: 1) The value is compelling and the current price allows for 3X to 5X appreciation, and 2) It will happen soon as Goldcorp (GG)must act by Jan-10. While a bid of $589 mil or $1,020 mil might seem like a lot of money, GG already owns 59% of TSX, so the net cash required is 41%
of the total bid, $241 mil or $418 mil."

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