RE:RE:looks like the big boys are in control-slowly walking it upActually, there is a person with the opinion that Trevali will likely be a takeover target. His name is Mark Cruise. From an interview in 2013:
“In the next four to five years, we’ve got a very good chance at being the next HudBay or the next Lundin, building on these mines,” Cruise says.
The plan is to increase production at both operations – from 2,000 tonnes per day to 4,000-5,000 tonnes per day in 2015 at Santander, and with a new 4,000- to 5,000-tonne-per-day mill in New Brunswick in 2016, to supplement the 3,000 tonne-a-day Caribou mill, which it acquired last year for $23.8 million worth of stock.
At that point, Cruise fully expects that with the elimination of smaller zinc miners Farallon and Breakwater in recent years, Trevali would become a takeover target.
“We’re going to be a target, whether we like that or not,” he said when asked about the possibility. “If you’re looking to grow your zinc business, whether you’re a smelter, a mid-tier or a major mining company, you have to look at us.”