RE:RE:RE:Maybe someone else may be asking the same questionfb454, I only wish that Timmins was my worst performing gold stock. I think I am still up on this stock but am seeing a sea of red on most of my other miners. I would have to assume that Timmins was in a good bargaining position in order to get Sprott to waive the extension fee.
I apologize for not knowing the details but there was an analyst on BNN a couple of days ago that did mention TMM as a possible takeover target. The purchaser mentioned was Alamos Gold and he called it an area play. I would be fine on being taken out at around $3. Some may say that is to cheap for TMM and I will not argue that but would only say there are many cheap companies out there right now. I would be quite happy to invest the money in other undervalued companies.
I would also be happy if TMM uses some of their cash to buy some distressed properties that will add to their cash flow.
Bob