Gold Mines M&A’s seen for 2016Gold all that glitters for mining’s M&A bankers amid turmoil -February 11, 2016
EXCERPT
“Mining industry bankers still smarting from the worst year for acquisitions in more than a decade can take consolation from the prospect of a once-in-a-generation opportunity for deals among gold producers in 2016.
`The scale of this opportunity doesn’t come around very often, maybe every 15, 20 years,’ Sibanye Gold chief executive officer Neal Froneman said in an interview in Cape Town. He’s seeking deals to turn the biggest miner of South African gold into one of the top five global producers of the metal.
`For a few years there has been no visible external action but I think we’re right on the cusp now,’ Froneman said. `We’ll see an increase in M&A activities, especially with companies having liquidity issues.’”
https://www.mineweb.com/news-fast-news/gold-all-that-glitters-for-minings-ma-bankers-amid-turmoil/ IMO, at current share price/market cap TGZ is definitely a candidate for an M&A; but at current share price, investors would be deprived of receiving fair value and profits for their investment.