The following is opinion based only.
I think sometime in 2018, Alamos will do a friendly merger with Eldorado. There has to be a reason why Alamos is bypassing Lynn Lake and concentrating on their 3 mines in Turkey. Eldorado is already mining in Turkey so it would make sense for Alamos to get control of an existing mine while developing the 3 other mines. Also, Eldorado has issues with their mine in Greece. All politics. Alamos seems to have a good working relation on foreign soil and could use that as an advantage to get Eldorado's Greek mine back up and running. Alamos has a lot of cash on hand and are getting a nice payment on their AuRico holdings to help swing a deal. They always say they're looking to grow through M/A so I think Eldorado makes sense.
One final thought about the Richmont merger, Alamos is now on the buyout list of the majors.
All opinions.
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