by: David Winning, From: The Wall Street Journal April 02, 20122:00PM
WEST Africa-focused gold explorer Ampella Mining certainly looks a reluctant seller after firing the gun on a sales process in the wake of several new bid approaches.
The Perth-based miner has mandated Macquarie Capital and Gresham Advisory Partners to run a formal process after receiving interest from ?several global players in the gold sector? on top of separate requests for due diligence made late last year.
GRY Price at posting:
$1.07 Sentiment: Hold Disclosure: Held