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Jaguar Mining Inc. Message Board

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  • bmj105i bmj105i Dec 16, 2011 8:46 AM Flag

    JP Morgan chosen as Advisors

    There a just more repuations on the line now to please share holders... Not really the news I was hoping for to be honest, but I guess they cant say too much more than that until a deal is final.

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    • Of all the good advisers that could have been hired to guide the Board through this process, why would they pick JPM? I like this disclaimer they threw in:

      "There is no assurance that this strategic review process will result in a change of control or merger transaction."

      Which to me says this a deal is coming - and soon.

      • 1 Reply to dow_3000
      • You sure about ... "a deal coming soon?". The entire thing has been half azzed. Furthermore, the board is positioning to reject the offer and hold out for more $$$. Shandong has to get a lot of approvals, and as that other article mentioned is just a test to see if chinese can successfully acquire this company (i.e. regulatory/legislative).

        With an S&P downgrade on the horizon, and some would argue a hard landing in China - gold (and commodity complex) could start to tank in short order and LongDong could pull its bid.

        There is a reason the stock is at $6

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