Futher interest was expressed since the Konkera results came out (about a 70% loss in share price after that- perhaps overdone). The Canadians might want Ampella?
"Canadian gold producers dominate the list of likely predators.
"The favourite is Montreal-based Semafo, which operates the 190,000 ounce a year Mana goldmine 300km from Batie West. Mana shares the gold recovery challenges of Batie West, but Semafo -- a $1.4 billion company without debt and $180m cash on hand -- has had no problems producing low-cost gold." ________________________
The sell-off is awful right now. The thing is, if there is a takeover, the PFS can still be done later- it is not like AMX is going to shut down. Due diligence will show up most of the info that is needed about going forward.
AMX Price at posting:
95.0¢ Sentiment: None Disclosure: Not Held
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