Ding Ding Ding and the winner is Coeur D'Alene

Just as I suspected First Majestic opted not to top off Coeur D'Alene bid for Orko.

First Majestic Silver Corp. today notified the board of directors of Orko Silver Corp. that it is not matching the offer made by Coeur d'Alene Mines Corp. and will not be increasing the consideration under First Majestic's offer to acquire all of the issued and outstanding Orko shares.

I guess this leaves the door open for First Majestic to keep window shopping.