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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (2181)3/6/2002 11:38:49 PM
From: Claude Cormier  Read Replies (3) | Respond to of 39344
 
<So which are the next takeout candidates? ... bay.to, suf.to, mfl.to>

BAY.. possibly. PAAS is cleaning up is act, its balance sheet and all. They need a profitable project in case silver stays below $5. They could eventually try for BAY.

SUF.TO also a possibility.

MFL. Although I like the stock very much, I don't think it will happen before $325 or more. Unless maybe if MFL resume exploration on Dolores and increase again the resource. I could be wrong. But I prefer to be patient and have a long term horizon on this one.



To: marcos who wrote (2181)3/7/2002 12:46:02 AM
From: Elizabeth Andrews  Read Replies (2) | Respond to of 39344
 
You're missing it I think. None of these juniors qualify at this POG. The next round of takeovers is going to be the big guys who are going to be bought by the bigger guys. You now have to find the companies, the cash flow producers, that are too small, that can't exist in the going forward global rationalization. I have a list. There are some certain wins, small risk.


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