Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
‘Now is the time to start talking about mergers and acquisitions,’ declares John McGloin, boss of West Africa-focused Amara Mining (AMA), as the company prepares for April’s pre-feasibility study on its flagship Yaoure gold project in Cote d’Ivoire. A former City broker, McGloin is naturally receptive to the idea of corporate deals at a time when share prices in the sector are notoriously depressed almost irrespective of the quality of companies’ assets and prospects.
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