EXG excelsior gold limited

EXG...Takeover target?

  1. 23,969 Posts.
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    Norton, owned by the Chinese company, Zigin Mining will
    have all the update info on EXG because it is processing
    all of EXG's ore as a contractor.
    IMO, once EXG is derisked and before the market cottons on to
    its fundamental value, Norton (Zigin) will be in the drivers seat
    to make a take-over bid.
    Again, IMO, the Chinese wont be happy with half EXG's revenue
    for processing the ore; they'll want the lot for less!!

    All, IMO, of course.

    MM
 
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