Take physic, pomp

Plenty of mining newsflow…

…in the very recent past. Here are some of the more interesting PRs from companies in LatAm or closely followed.

Lara Exploration (LRA.v) is taking over Maxy’s (MXD.v) in an all share deal. Lara has always been a pretty astute project generation company in the region. Maxy’s has Peru and China assets and has never convinced me. Perhaps time to look at its assets again,as if they’re good enough for the sharp eyes at LRA they can’t be bad.

Fronteer (FRG) and Teck , 40/60 owners of the assets in question, are really close to selling the two Turkish projects they’ve had up for sale to Alamos Gold (AGI.to). I’ll be talking about the financial effect of this deal to FRG in IKN22, out Sunday. Suffice to say here that we like FRg a lot and that view has just been reinforced.

Focus Ventures (FCV.v) has made it out of shell status and gets quoted on the TSXV for the first time this morning. It has cash, it has an interesting asset, it has the RDU.v behind it. No reco here, just DYODD.

Yamiri Gold (YGI.v) is raising capital. This was recently cleaned of its assets and dubious Argentine management team and put into the hands of those slickers at Endeavour Financial (EDV.to)…y’know, Gordon Keep, his short pal and their friends. One that might surprise next year.

Minera Andes (MAI.to): Nearly forgot this one. Those slackers at San José have taken an impromptu vacation again. I’ll be on this case in IKN22 as well. Humph.

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.