GREY:ABGFF - Post by User
Comment by
windyguyon Mar 23, 2010 2:48pm
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Post# 16914737
Timmins Gold or Alamos to buy BZA
Timmins Gold or Alamos to buy BZAThe obvious buzz on the street is that TMM and AGI are in serious discussions to buy BZA. AGI has $185 Million cash in the bank and $1.6 Billion in market cap while TMM can increase their production by 50% by increasing their market cap by 40%. Alamos can do the same for only a 3% increase in their market cap. My bet would be Alamos as the likely winner at about 55 cents worth of Alamos stock for each BZA with BZA allowed to spin off their other grass roots properties into a Newco with existing BZA shareholders getting a piece of that as well.
GLTA
WG