Conclusions -
No larger gold miner shows any interest in growth with projects like Eastmain's Clearwater. Goldcorp owns/owned 9% of the stock at one time. But now a smaller player Columbus wants a piece of the action with a member onto the board.
But some silver miners looking to diversify into gold are making moves. Two notable examples have been Silver Standard buying Claude Resources, and Tahoe buying Lakeshore. Sprott is very supportive of Tahoe's acquisition of Lakeshore.
Both silver miners are hoping to eschew grade controls on the heels of better prices in gold.
As far as GBN.V is concerned the fuzzify of the fuzzification continues. Will the company merge with Lincoln Mining on a one-for-one basis, or will GBN.V instead buy the prospect at a discount? A better course of action is the buyout. You would not merge a de-risked mining prospect with a prospect that has apparent risks. An amalgamation squeeze out can only occur with another Saskatchewan-based company for a going private transaction, so this is ruled out.
Surprising that April 1 has come and gone with no results. But today we have an election in Sask:
http://globalnews.ca/news/2615404/some-of-the-promises-in-the-saskatchewan-election/
-F6