monument mining/YNG Romara mentioned the prospect of a merger between Monument and YNG yesterday.
I looked closer at Monument Mining and its prospects in Malaysia. I was surprised to discover that Malaysia is indeed one of those rare entities: a stable Islamist country. MM seems to be definitely on the right track, with essentially the same people running it as YNG -- if I find one management group credible, then the other is as well.
Question is, although both companies have adjoining offices at 688 West Hastings, what would be gained by Monument absorbing/merging with YNG? It would be less susceptible to a hostile takeover? The combination would be more attractive to a friendly takeover?
Just wondering...