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Message: Re: China buying miners
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Nov 08, 2011 07:35PM
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Nov 09, 2011 08:31AM

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.

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