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Gold corp owns half of the shares in a final stage exploration company by the name of Terrane. Terrane has over 6 million ounces of gold reserves plus I forget how many tons of copper reserve at their Mt. Milligan property. They also have another smaller property. Rumor is GG will most likely buy out the other half of the shareholders of Terrane for possibly as much as $2.50 sometime very soon as in the next 2 months. I own both GG and Terrane. If the numbers are right from my favorite gold stock analyst, GG acquiring Terrane from an out right buyout will actually end up bringing GG's cost per ounce down. Thought I'd share this with you other GG investors. I figure since GG owns half the company already, it wouldn't be bad form to post about it here.
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