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Pampa Metals Corp V.PM


Primary Symbol: C.PM Alternate Symbol(s):  PMMCF

Pampa Metals Corporation is a Canada-based copper-gold exploration company. The Company is engaged in the acquisition and exploration of base metals and precious metals projects in the Americas, with a primary focus on the Piuquenes Copper-Gold Porphyry Project in San Juan Province, Argentina. The Piuquenes Project consists of nine mining titles that cover an area of approximately 1,880 hectares (ha) in the San Juan Province of Argentina, adjacent (to the north) with the Altar copper-gold porphyry Project (held by Aldebaran Resources Inc.) and approximately 190 kilometers (km) west of the city of San Juan. Other large porphyry copper projects in the San Juan Miocene porphyry belt include: El Pachon (held by Glencore) approximately 30 km to the south; the operating Los Pelambres copper mine (60% interest held by Antofagasta plc) in Chile; and Los Azules (held by McEwen Mining) 50 km to the northeast.


CSE:PM - Post by User

Comment by themangokidon Jun 28, 2016 11:18am
57 Views
Post# 25004807

RE:RE:PM to be purchased for $12.50 per share

RE:RE:PM to be purchased for $12.50 per share
probably reason why termination fee is so high is to discourage another bid.

I dont mind the take out. lots of growth in PM but they have also misssed 6 out of the last 8 quarters, so perhaps that growth was further out than we expected.

I'll take it. Now the question is, to I sell today, leave 10 cents on the table and possibly the August record day div, hope for a dip and a subsequent arbitrage play? Or do I just ride it out till August? Either way, good news.  Congratulations everyone.
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