The recent price action of this company 's shares indicate that AG is being targeted .
An acquiring company will hire an offshore bank that in turn uses their wholly controlled Cayman HF to see to it that the target company trades a tight range for accumulation purposes .
Let's all agree that the failure of the Orko deal was pure luck. Prices of all silver producers did not begin to slide until well after CDE raised the bid. WE GOT LUCKY and collected $11million for that luck!
They backed out of Orko because it was going to be stupid to try to outbid CDE which paid $300M for Orko. First Majestic barely has $1B market cap now. And Orko has no production, and won't for several years. AG did the smart thing in walking away. Later they will buy an asset for a fraction of the Orko price imo.