Money is money and like all investors I wish to maximize my returns. I would take the best offer no mater where it came from.

If it came to a stock and cash deal however I would not stick around for either of them. The junior golds have a much better valuation and growth profile and that is where I would redeploy my profits.

Most of the larger gold companies have valuations of $350.00 an oz in the ground and above. Many of the juniors are priced under $50.00 an ounce. 

Once the current credit concerns are swept under the carpet with the money printing broom I expect the market to reprice most of the juniors higher.