Re: China buying miners
in response to
by
posted on
Nov 16, 2011 08:29AM
Here's another one today. 73% Premium offered.
http://business.financialpost.com/2011/11/16/shandong-gold-offers-1b-for-jaguar-mining/?utm_source=dlvr.it&utm_medium=twitter
“Gold companies will tell you they are in the business of expanding mining supply organically but in reality they are in the business of buying new assets, particularly in the case of many large miners who are struggling to replace lost production,” Jansen said at a conference in China last week.