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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: dragonesquire who wrote (40553)	5/21/2007 6:41:57 PM
From: Mr. Aloha	Read Replies (2) \| Respond to of 78419

I think any MMG takeover would be in a multiple bidder situation and shareholders would be in the driver's seat. Anglo American, who worked with GTI before on the Skorpion mine and is making enormous sums of money from it, isn't going to let someone else buy MMG cheap, though they'd probably want to wait until after the feasibility study is completed before bidding. MMG's president (along with the major shareholders) knows the potential of the property and is very bullish on their metals, so he will not accept a low-ball offer like some of the recent nickel juniors’ presidents have done. As I mentioned, they likely will implement a shareholder rights plan that will ensure that shareholders are treated right in a takeover situation.