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Pan American (PAAS) buys Tahoe Resources (TAHO): Explaining who wins and who loses

Wins: Beaty
Loses: Everybody else

The destruction of wealth that occurred in the hands of Kevin McArthur is destined to become a case study in the sector. Which is a good thing, because if the mining industry can learn from the mistakes made by this bozo and the largesse afforded to him by a lax and sycophantic community of peers, it will become a better place in which to do business.