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Message: Re: Questions
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You would think we would start to see some more gold M&A happening? A lot of small juniors with economical deposits are severly beaten up, what a time for some majors to go shopping. Remember, the majors are usually prudent and correct in their aquisitions, so when it starts within the next while, it may escalate.They usually buy low, and mine years later when the POG is much higher, but now, it may be the resources that are easy to get at, that they will want first. Might be an interesting summer in the markets , when the ("sell in May") s are gone away. Maybe thats why all the golds got hit early, so the big guys can buy back in before they go away in May, and come back in September to some amazing stock appreciations?

IMO

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Apr 19, 2012 02:53PM
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