Junior Gold Mining M&A Increasing in Ontario, Queb
Post# of 9903
Jan 28, 2015
Gold and silver are possibly just starting the next leg of a move higher that may eventually move into record high territory. It is my opinion that $1900 gold and $50 silver will eventually be broken over the next 12-18 months as other markets such as equites, real estate, fiat currencies and treasuries deflate in value. The junior miners could move to the upside with greater leverage than bullion from these discounted levels as the majors search for replaceable reserves in the form of acquisitions.
Open your eyes to the recent takeovers and large premiums paid in Mexico, Ontario and Quebec of Osisko, Probe, Rainy River, Cayden and Paramount by producers such as Yamana, Agnico Eagle, Coeur, Goldcorp and New Gold. This may be just the beginning of large premiums paid for quality gold mining assets in stable mining jurisdictions.
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http://goldstocktrades.com/blog/2015/01/28/ju...nd-mexico/