7 gold miners that are attractive takeover tar

Below is a link to an interesting article about 7 gold miners that are attractive as takeover targets and the reasons why.

You guessed it....we are in there.

http://www.thebull.com.au/premium/a/40177-takeover-targets---7-gold-miners-under-watch.html

Here is just the FML part:

Focus Minerals (FML) is a “penny dreadful” that could be an attractive takeover target. The stock price is down 66% year over year; the company’s cash and liquidity position is solid; and it is trading far below book value. In July this Western Australia based gold producer announced the closing of one of its producing mines; the third closing in the last three months. How can that be a good thing? Focus Minerals CEO explained the decision was made to preserve the company’s cash position until the gold price allows a return to profitable operation.

In the meantime, the company will use its strong balance sheet to explore potential opportunities for further growth, including acquisitions. The company’s more than 4 million ounce resource base throughout two of Australia’s top gold producing regions could make it an ideal takeover target.

GLTAH...........Hawk