RiskMetrics Group and Glass Lewis have recommended that the shareholders of Detour Gold Corp. and PDX Resources Ltd. vote for the proposed merger of the two companies. The boards of each companies also recommended the merger, unanimously for both. More details are in the news release announcing it.
Detour is currently up 16 cents at $8.75. PDX shares are currently unchanged at $2.20, after bobbing up earlier in the day.
Detour's Google Finance web page is here; PDX's is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
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