And that brings us to the final stage of the circle of life in Canadian mining – consolidation. Takeovers are expected to be commonplace in the gold sector, as senior players use their premium valuations to add new reserves through acquisition, rather than exploration.
I believe it's when, not if, with the auction starting sooner, not later!
With bidding starting in the $3 to $4 range.
Finale: $7 to $10!
RUF
1,000 days can't prove you right, but one can prove you wrong! It could go higher! On this one, expect the unexpected!