Barrick Gold may just be trying to lower Newmont MIning's share price enough in order to do a proper bid, said Pierre Lassonde, chairman of Franco-Nevada.
"What's happening has never been seen in history. Frankly, it's the first time I've ever seen a hostile [takeover] at a discount to the stock price," Lassonde told Kitco News at the BMO Global Metals & Mining Conference.
BMO Conference 2019From February 24 to February 27, Kitco News will be bringing you exclusive interviews with analysts, experts, and of course, executives of major gold and silver mining companies. Over the years, BMO Capital Markets have consistently attracted prominent investors, analysts and executives by providing valuable forums to explore strategies, trends and opportunities.
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