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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: MDA and FS are on KRY site Now

Takeover

posted on May 15, 2009 09:28AM

On an earlier post there was a link to an article and a list of potential takeover mining companies. There were 40 companies on that list, Northern Dynasty being the largest, with anywhere from 1.1 to 47.1 mil ozs of proven reserves. Why are we not seeing more takeover activity? We are all hoping for a takeover offer but it doesn't look like there is much if any activity in this arena. Does gold have to go parabolic in order for these companies to become takeover targets? One would think that takeovers would have been happening when gold was lower. IMO. Any ideas out there?

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