RE:RE:RE:RE:RE:***TO ALL CURRENT TMM SHAREHOLDERSThis God-Damn US dollar is killing everything, from oil to gold. TMM needs to be bought out, this is the best course of action in my opinion for all shareholders.
God knows how long this sh** storm is going to last in the gold market. TMM needs to preserve its value and avoid further risk for shareholders. $50 million in the bank, highly profitable mines, and solid earnings the last couple years make TMM very juicy for a takeover.
Management needs to take advantage and get a deal done. Remember, TMM is less than 8 yrs old. We don't know what'll happen to the company if gold prices drop further - new terrain for TMM.
And remember - $50 million is NOT equal to 5 billion. It's not enough to weather a prolonged drop in gold. TMM needs to be bought out.