Followers | 601 |
Posts | 29846 |
Boards Moderated | 1 |
Alias Born | 01/30/2012 |
Wednesday, April 15, 2015 10:56:42 AM
As you may be aware - Agnico has recently been taking part in some kind of investment road shows. It has been making presentations to some big Wall Street merchant banks - Like JP Morgan, Morgan Stanley kind of investment banks.
My guess is that this was to discuss "off the record" up coming acquisitions they they either wanted to re-finance or to raise new funds.
From what we've seen recently - Agnico seems to be on a bit of a buying spree in Jalisco. It obviously likes the extremely high prospectivity of the area and I think understands the geology very well.
They have a guy based there who runs the show very well from what I can guess. He sure knows his stuff that's for sure. I'm led to believe this guy performed the DD on Cinco Minas for Agnico - nearly two years ago.
Then don't forget - SRGE put out a press release in May 2012 saying they were going to start exploring the unexplored 80% of Cinco Minas. I'm hoping that exploration might have pushed the sale price way above what we were previously told they were looking for for just 60%.
Please note, the above post is neither a recommendation to buy or sell the stock. Everyone thinking of investing in a company should always conduct their own due diligence, to satisfy themselves, according to their own investment criteria that each compan
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM