GREY:LRTNF - Post by User
Post by
thelostarcon Feb 26, 2022 3:44pm
271 Views
Post# 34464739
Takeout
TakeoutI can see PGM being a takeout target over the next month or so. If Maryse left becuase the operations has been brought back to life, and the $25MM PP recently was just a small gift to institutional shareholders, then the company is now ready to entertain bids. $1.20/share? AngloGold requested to see geology data in the last PP. Have they completed their analysis and are now planning to strike?
Though us retail shareholders will never see the 8-zone, it would be nice for the bidder to throw in a risked amount for that extension of the deposit. Bring the bid to $1.50/share. What a dream scenario this could turn into if multiple horses enter the race! Kinross, Yamana, Agnico Eagle, Anglo, Evolution, IAMGold? possibly, all of them would be good suiters for PGM.