Juniors may need to band together to protect against predators

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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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rich9

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Juniors may need to band together to protect against predators

posted on Oct 20, 2008 05:16PM

I think one way that some of these juniors can protect themselves is to merge with other juniors and thus create super juniors or mid-size producers...

If you took 4 or 5 junior producers/explorers and consolidated them , you could end up with a company that is producing maybe 400,000 ounces of gold/equivalent with several millions of ounces in reserves.

The complete obliteration of these juniors is/has been absolutely astonishing , perplexing and infuriating...

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