Post by
auburn2 on Jan 17, 2017 3:01pm
More Evidence TMM Is Being Packaged to Be Sold
While we read, "Prior to his roles as a finance executive, Mr. McCunn's background includes technical, operational and corporate development roles with Teck, Placer Dome, and junior mining companies in Canada and Australia," the key is here, the CFO pedigree:
"Most recently, he was chief financial officer of Asanko Gold, where over his six-year tenure he oversaw the transition of the company from exploration and development to being a mid-tier gold producer. Prior to Asanko, Mr. McCunn spent four years as the CFO of Farallon Mining, during which time the company financed, constructed and operated the G-9 mine in Guerrero, Mexico, which is proximal to Timmins's Ana Paula project. Farallon was acquired by Nyrstar in early 2011."
I consider either TMM in full or Ana Paula at the very top of takeover candidates.
Comment by
Goldhound3 on Jan 17, 2017 3:33pm
Well if its a takeover candidate we need to get the price way up so we dont get a low ball offer..I see there is a big wall on the asked side at .51 and .52 cents
Comment by
auburn2 on Jan 17, 2017 4:33pm
No worries about that. They wouldn't have McCunn step in and sell the company until he has added significant value.