I don't have the particulars of the deal nor do I have the time or financial interest anymore to delve into them. I had a stake in NXG from summer 05 up to spring 07.
however, since kemess south played out and kemess north was rejected for absurd first nation's reasons 3 or 4 years ago, NXG has needed new resources desperately. that is why they purchased Y-D 3 or so years ago. Y-D had and still has potential but it is not a high caliber resource. primero has San Dimas mine in Tayoltita mexico which has been and still is a high caliber resource region.
3-4 years ago NXG was cash rich, I don't know if they still are.
presently, I sense that primero is struggling. they are the former mala noche resources that acquired san dimas from GG just over a year ago in June. The
name change suggests some kind of financial problems to me. I selected primero in the board contest just for this kind of event. but, as you can see from the results, I got the event right, but the outcome is rather poor. fortunately, my interest in primero does not extend beyond the contest.
I think the acquisition is good for both parties, but I do share the reservations that you have with the GG interest. just what is a "new control person" as it was described in the name change PR?