Another article in the Summer 08 issue discusses buyouts of junior minors by seniors. Here are some interesting tidbits to tickle your fancy:

"...And with no recent significant gold or silver discoveries, it's easier for these miners to reach into theri deep pockets for a junior or two than scour and drill the land for precious metals on their own."

"A record 1,700 deals worth almost US$160 billion were conducted worldwide last year, according to Mining Deals 2007 Annual Review, a report released in March by PricewaterhouseCoopers. That strong level of activity should continue this year. David Christie, director of gold and precious metals at Scotia Capital, doesn't expect any mergers betwen seniors but believes they will fight it out for the best juniors."

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