SRM sierra mining limited

very high grade open deposits. , page-7

  1. 12,950 Posts.
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    Bunawan is the obvious takeover for MML as you say. The plant is there and SRM's ground will be watched with great interest. I think the recent pull back in the gold price makes these higher grade plays even more valuable. They tend to be the exception of the rule. If SRM finds a multi million ounce deposit , I'm sure we will get taken over or merge. MML is over sold IMO. SRM is not a one trick pony either, so the potential to expand and use the cash flow to pay for a take over is a major component of any deal. I seem to remember a major Canadian group is also already on the share register, so maybe we get more than one interested party if things develop as expected. Dyor
 
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