GREY:GPLDF - Post by User
Comment by
jacobs23on Jul 18, 2016 1:30pm
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Post# 25062225
RE:RE:Great Panther if doing an aquisition soon don't overpay
RE:RE:Great Panther if doing an aquisition soon don't overpayI agree with the sentiment of an acquisition - especially one by First Majestic. The two mines have what AG seeks with low AISC, opportunity for expanded reserves in each locale, and the right geography with operations in Mexico.
The drop in share price and large cash balance after the most recent financing are making GPL vulnerable to a takeout.