Notable Quotes
"ATX has a resource estimate coming out this quarter, which should prove up the highly prospective nature of its silver resource." (5/18/12) Argentex Mining Corporation - The Gold Report Interview with Aaron Kennon More >
"KBR's Monterde is a neat little project from an acquisition perspective." (5/16/12) Kimber Resources Inc. - The Gold Report Interview with Chris Thompson More >
"QMI should be able to create tangible value for shareholders." (5/15/12) Queenston Mining Inc. - Adam Melnyk, Desjardins Securities More >
"TMM is on the right track to running a successful mining operation." (5/15/12) Timmins Gold Corp. - Philip Ker, Union Securities More >
"PVG's infill drilling continues to intersect bonanza-grade mineralization." (5/15/12) Pretium Resources Inc. - Ovais Habib, Scotia Capital More >
"RVM's Rock Creek project is a major catalyst that could energize the company." (5/15/12) Revett Minerals Inc. - Jeff Wright, Global Hunter Securities More >
"ABS has some world-class projects in Ghana and absolutely fabulous management." (5/14/12) Abzu Gold Ltd. - The Gold Report Interview with Bob Moriarty More >
"ATX's silver property is a hell of an opportunity." (5/14/12) Argentex Mining Corporation - The Gold Report Interview with Bob Moriarty More >
Companies
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Experts Commenting on This Company
- Barry Allan
- Eric Allison
- David Baker
- Nicholas Campbell
- Ovais Habib
- Andrei Kroupnik
- Adam Lucas
- John McClintock
- John McGloin
- Brock Salier
- Sam Spring
- Christopher Welch
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La Mancha Resources Inc.TICKER: LMA:TSXLa Mancha Resources Inc. is an international gold mining company with four mines in production in Africa and Australia and a flagship volcanogentic massive sulfide project in Sudan. Focused on growth, the company has produced 123 Koz. in 2010 and plans to increase production up to 200 Koz. by 2013 and 350 Koz. by 2015. |
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Expert Analysis
Brock Salier, GMP Securities (5/16/12) "La Mancha Resources Inc.'s Frog's Leg and Ity continue to be solid cash generators and attractive assets should the sale result in a breakup of assets; in FY12 we estimate Frog's Leg and Ity will produce a combined ~US$130M FCF. We are confident the assets should continue to offer stable production at or near nameplate well into 2015 and likely beyond."
The Gold Report Interview with Barry Allan (4/23/12) "La Mancha Resources Inc. has been broken out of AREVA SA, a large integrated nuclear entity in France. . .even though the resources at the main mine have expanded, one of the driving elements on the valuation will be the sale process. Interested people have been spooling through La Mancha, looking at its assets." More >
Morning Coffee (3/16/12) "La Mancha Resources Inc. has initiated a process to maximize value for all stakeholders. . .the company has established a special committee to conduct an 'auction process' for La Mancha. The special committee appointed a Bay Street banker to assist it in this process; La Mancha's banker says it has already received several verbal expressions of interest in the company."
Brock Salier, GMP Securities (3/15/12) "La Mancha Resources Inc. has announced that 63% shareholder Areva has requested that La Mancha conduct an auction process through which acquisition proposals will be solicited to maximize value for all shareholders. . .La Mancha's joint-venture (JV) partner at Frogs Leg, Alacer Gold, has publically indicated their interest in acquiring La Mancha's share of the JV. . .we still see good upside in the stock for two key reasons: 1.) Valuation uplift on breakup. . .and 2.) The ability to maintain a holding in Hassai, which we see as the flagship asset, should a paper offer be made for that asset. . .in our view, this asset must be on the radar of local operators in the Arabian-Nubian shield."
Pope & Company (3/15/12) "La Mancha Resources Inc. has established a special committee to conduct an auction process for the company through which acquisition proposals will be solicited in order to maximize value for all shareholders. . .it has begun speaking with a number of prospective acquirers and La Mancha has already received several verbal expressions of interest."
