Bullboard - Stock Discussion Forum Minera Alamos Inc V.MAI

Alternate Symbol(s): MAIFF

Metals & Mining Industrial Metals & Minerals

Minera Alamos Inc. is a gold production and development company. The Company has a portfolio of Mexican assets, including the 100%-owned Santana open-pit, heap-leach mine in Sonora that is going through the start-up of operations at the new Nicho Main deposit. The Santana Property consists of certain mining claims located approximately east-southeast of Hermosillo, Sonora, Mexico. Additionally,... see more

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Minera Alamos Inc > Merger of equals

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Post by deepthinker63 on Jan 25, 2022 11:45am

Merger of equals

One reason: jurisdictional risk. Minera is obviously best of breed when it comes to management, but jurisdictional risk is outside their control. Mexico has become shakier recently, along with most of LatAm. That's why it would make sense to merge with a company in another, presumably safer, jurisdiction.

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