Post by
tony1969 on Jan 27, 2013 12:37pm
If I can see TGZ's potential.....
you can be sure that other miners can as well. They are a prime takeover candidate and I would not be surprised if they have been approached by more than one interested party. TGZ management knows that they are cheap that is why insiders loaded up last fall at under $2.00. I think that it will take at least $3.50 to get their attention. I hate to be repetitive but I in my opinion the two most logical scenarios are a TGZ buyout or merger with OLE or a major or mid tier steps up now and takes them both. Their combined potential is obvious. The poker game begins in Feb. The more participants the better.
Comment by
arlene2 on Jan 27, 2013 1:05pm
Tony... I agree that TGZ is a prime takeover candidate....However , one of the suitors will NOT be Perseus Mining Ltd as some have suggested recently.....Per a statement , Jan. 24 , 2013 , by Jeff Quartermaine , who is presently their CFO and will become their CEO next month "what we are unlikely to do is to do an M&A activity with an existing producer"