...or keep the sp from going parabolic like the metal because any takeovers would cost considerably more if the juniors followed suit. If Company xyz went 5x leverage to gold for nothing more than a few drill holes as has been the case in the past, majors couldn't justify spending the dough on an acquisition that could turn out to be moose pasture.

I think the majors, G and ABX in particular, have to be involved in something like this given their connection to central banks and the role gold will be playing in the future.