As shareholders of TMAC Resources Inc. (“TMAC”) we are disappointed with the January 5, 2021 news of the proposed buyout of the company by Agnico Eagle Mines Limited (“Agnico ”) for Cdn $2.20 per share or just under Cdn $300 million. While the offer is Cdn $0.45 per share higher than Shandong’s May offer that was struck down last month by the Canadian government on national security concerns, we think history will view this transaction as a steal relative to current gold mining valuations
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The following report is provided free each week by McAlinden Research Partners exclusively to members of Hedge Connection. Today’s issue cluster focuses on Shipping
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At Alternatives Watch, we have spent the first week of the New Year looking in the rearview mirror in a bid to understand what trends may spill over into 2021. The team has also ranked the most read hedge fund stories from 2020, offering a glimpse of what may play out in the coming months
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The following report is provided free each week by McAlinden Research Partners exclusively to members of Hedge Connection. Today’s issue cluster focuses on Cryptocurrencies
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We are mildly cautious on the gold price for 2021 as we expect some of the factors that drove it to record highs in 2020 will begin to reverse. As the world moves somewhat back towards normal, we think the financial shock and volatility resulting from Covid-19 (Covid) will abate, causing downward pressure on the gold price from current $1,880 per ounce levels
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