Yamana Gold to Acquire Monarch Gold’s Flagship Asset: Good or Bad Deal? (Brian Leni Commentary)

Brian Leni of JuniorStockReview.com offers commentary on the just-announced definitive agreement between Monarch Gold Corp. and Yamana Gold whereby Yamana will acquire the Wasamac property and the Camflo property and mill through the acquisition of all of the outstanding shares of Monarch not owned by Yamana under a plan of arrangement for consideration, including cash and shares, of approximately C$152 million.

Yamana Gold Expands Its Footprint in the Abitibi Region With Friendly Acquisition of Monarch