Rising gold prices over the past year have triggered a tsunami of M&A activity in the gold mining sector as larger mining firms buy up their junior counterparts in a race to build up shrinking reserves and take advantage of record prices. According to Bloomberg data, “gold companies have completed or are evaluating $37.5 billion of acquisitions this year, more than double last year’s total.”

http://resourceinvestingnews.com/7273-gold-price-on-track-toward-1300.html

So far, SAN hasn't caught the eye of the BIG boys yet or so it seems.