RE:RE:RE:RE:RE:TimeGrumpyInvestor wrote: I think the reason that Orex got absorbed peacefully by Anaconda was because it had no other choice. They were out of cash and couldn't raise any capital. MAE is not in the same spot. They have alternatives, and I don't think the biggest shareholders make up a solid portion of the total holdings like it was the case for Orex. So, I don't think it would be easy to get shareholder approval.
I'm not saying that a merger would be a bad thing, If the gold market stays depressed for a long time, it might even be the only way for both companies to avoid major dilution like MOZ. But, I'm just afraid it would be hard to whip up a deal that would equally satisfy the shareholders of both companies.
I guess that your opinion is supported by most here seeing the number of votes you get vs mine! So I'll be quiet promoting my "let's do it nicely" approach and be more patient. Hopefully we keep finding enough ore around Point-Rousse to get the mill going otherwise SGNL will also hear the clock ticking and both companies might miss a chance to develop Hammerdown quickly. I trust Kevin and Rob, who has been successful with merges in the past, to manage that natural partnership with MAE the right way!
GLTA