Griffin Mining Takeover Rumours (GFM)

Remember that company SHG "THE"? Where they are all now whining about the takeover. Companies don't give a toss about shareholders once they become self-sufficient. But you know that of course. .The first rule of investing is don't fall in love with a share. .Off for a bike ride now the sun is shining, nice day to be out and about. :-)

Thanks The A. interesting on the face of it. Unusual for a takeover to leave anything on the table. Post the special divi, and idea what the P/E would be if one was left in for £0.14? Many thanks JPPP

Yes Zoo, all fair comments. Oil up, Middle East mess, not great for a manufacturing economy, gold "pausing". But we can't put our collective fingers on the reasons for the interest in GFM. As you say, maybe the takeover. It is an interesting bolt on for a large miner. Don't all rush for the doors at once, it wouldn't help things! GLA JPPP

Sage, good point on IHT/ AIM for Roger. I'd have thought if there was a whiff of takeover, he'd know and so wouldn't sell? No point trying to guess his motives. I agree China is slightly more acceptable although the big chinese stocks seem to have no friends still. Some are v cheap in my opinion. the big miners are still struggling from what i see. enjoying the board again. GLA JPP

morning zoo hope your having a good holiday as you can see phillis is still waiting for the bus and up is still talking to himself ,I swam on Friday and Saturday morning it was packed and it was six in the morning ,Perseus was up so maybe our gold shares will carry on rising ,looks like the takeover of SHA will go through and it will be taken private ,I’ve had a really good weekend with my friends but they are all going back to London today ,this is the first time I’ve looked at the I pad for a couple of days and it’s jammed with e mails ,you have a good day ,good luck

Apparently alan has found a list of people who voted on the Shanta takeover. No one else knows what he is talking about. He claims Phillis and TheApiarist are not on the list, but of course they wouldn't be, under their ADVFN nicknames.

morning zoo I see it was a fraudulent muck takeover, at least they weren’t in the sandpit, ha ha ha ,I think the market will open down following Wall Street , Perseus was up a tad ,it’s wet out there this morning but still mild , off to the cafe soon you have a good day,

Where did it say how many, stupid?.It said .1. purchase large blocks of shares from individual shareholders where the large number of such shares offered in the market may cause instability in the Company's share price; and2. purchase a large number of shares via a tender offer which would be the subject of further documentation being sent to non-US resident shareholders..More like to protect the conpany from a takeover so they can take it private.

zoo another muck takeover yuk!

AMT, the loser isn't worth debating with just keep picking him up as you do. Most know what he is anyway..Alan, it may be a good week for GGP as the NM takeover of NCM completes and with luck they can show how they intend to move forward with GGP. Given the price of gold they may well want to mine Havieron and keep Telfer. Time will tell. .Zoo