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AMG Acquisition Corp V.AMG


Primary Symbol: V.AMG.P

AMG Acquisition Corp. is a Canada-based capital pool company (CPC). The Company's principal business is the identification, evaluation and acquisition of assets or businesses with a view to complete a qualifying transaction. The Company has not commenced commercial operations. The Company neither engaged in any operations nor generated any revenues.


TSXV:AMG.P - Post by User

Bullboard Posts
Comment by dave4275on May 09, 2012 10:31am
224 Views
Post# 19889175

RE: What can they really do......

RE: What can they really do......

Agreed.  I'm guessing this pays the bills for the next year or so, while the company either waits it out, tries to negotiate a JV or gets bought out. 

Keep in mind the company's Market Cap is now below what they paid for Pinaya several years ago, when metals prices were half of what they are now.

Even selling Pinaya for what they paid for it would probably double the current stock price.

Bullboard Posts