Maple Gold Mines Ltd V.MGM

.......Nobody is going to buy Douay..Agnico already.........

[goldman17]

owns 50%......

[locomoco]

There is a possibility other majors will buy MGM and in doing so own half of Douay and Joutel and fully own Eagle. Just because AEM owns half of Douay and Joutel doesn't mean other major miners cannot buy MGM. The more likely buyer of all of MGM is AEM. 

[Iwant2Retire]

I was thinking the same thing. Who would want the other half when Agnico is a giant in the industry.  They would have to bow to Agnico every time.

[ardbegoil]

Agnico will be the only buyer and they will pay a fair price and not just because they have piles of cash....They want to be known as a fair partner for all future partnerships since they do almost no greenfield exploration themselves and as few majors do....They won't take advantage of MGM even though very few would be able to bid against them.....Just look at their last two acquisitions

[jdgreat1]

AEM acually controles 50%+ 6% (12% of MGM 's 50%)  of the JV properties as of today. If some major really wants to get MGM & partener with AEM, we probally will have a bidding war which works best for us...... GO MGM!