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Aya Gold & Silver Inc AYA


Primary Symbol: T.AYA Alternate Symbol(s):  AYASF

Aya Gold & Silver Inc. (Aya) is a Canada-based silver producer with operations in the Kingdom of Morocco. The Company operates the high-grade Zgounder Silver Mine and is exploring its properties along the prospective South-Atlas Fault. The Zgounder Silver Mine is an underground silver mine located approximately 260 kilometers (km) east of Agadir in Morocco. The Zgounder mining permit covers over 16 square kilometers (km2). It owns 100% of Zgounder Millennium Silver Mine S.A (ZMSM), which owns the Zgounder property. It also owns 85% of the Boumadine polymetallic project and owns the permits related to the Amizmiz, Azegour, Zgounder Regional and Imiter bis properties. All of these properties are located in the Kingdom of Morocco. Aya owns 75% of the Tijirit project located in Mauritania. Aya also owns Tirzzit Project, which consists of seven permits located approximately 25 km from the Zgounder property. Its wholly owned subsidiary is Aya Gold & Silver Maroc S.A.


TSX:AYA - Post by User

Post by wildhikuon Aug 13, 2018 11:24pm
175 Views
Post# 28454523

I expect an offer is made now

I expect an offer is made nowThe Financial Post reports that there has been lots of takeover action in the Canadian small/mid cap space over the past two weeks. The Post's Peter Hodson writes that we have seen the privatization offer for AGT Food Ingredients, a Brookfield takeover of Enercare, and the near-daily overtures toward Aimia. That got Mr. Hodson thinking about what other takeover candidates are out there. He looked for companies that might be in an acquirer's sights one day, either for valuation or strategic reasons. One potential candidate is The Stars Group. Mr. Hodson says Stars had fortunate timing this year, making a huge acquisition in the sports betting sector just as the United States declared sports betting legal again (more or less). This fortuitous timing has seen the stock rise 46 per cent this year, but that only brings it to 14 times forward earnings. Meanwhile, earnings per share are expected to double this year. The company has been shopped before, but the grey legal area of Internet gambling likely reduced the size of the buyers' pool. Now, it is a world leader in an industry that is opening up around the globe. Mr. Hodson believes the stock either goes up more or it gets bought
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