Minefinders (MFN) (MFL.to) and Pan American Silver (PAA.to) (PAAS): The problem with doing deals in late night Vancouver while drunk and loud is...

....that everyone gets to hear about them before you can get over the nasty hangover and announce the thing. Here's Brenda Bouw of the Globe & Mail with the apparent scoop:

Pan American Silver Corp. is poised to boost production in mineral-rich Mexico through the proposed acquisition of Minefinders Corp., a fellow Vancouver-based company with an aggressive growth strategy.
Sources say Pan American, the world’s second-largest primary silver miner, struck a deal late Sunday with Minefinders, owner of the Dolores silver and gold mine in northern Mexico and the nearby La Bolsa property set to begin production later this year. The deal is expected to be announced before markets open on Monday.

Continues here. Y'know, if Cambridge House had a few quiet meeting rooms where a decent one-on-one could go ahead, this sort of thing wouldn't happen.

Disclosure: Long MFN

UPDATE: Apparently it's a $15.60 cash and shares deal, here's the NR. Subscribers, expect a Flash update with thoughts on how to play this deal soon.