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Message: Junior Miner Buy-Out Binge

Junior Miner Buy-Out Binge

posted on Jun 11, 2009 06:01AM

the mining sector is the one group that has been able to raise equity these days. now it looks like money is finally flowing down the food chain into the juniors too:



Lots of juniors, it seems, are about to become mid-tiers -- or at least viable producers. But many won’t make it that far. With the majors as a group failing to replace the metal that they’re taking out of the ground and capital suddenly plentiful, the conditions are ripe for a buy-out boom in which the big guys start snapping up the best juniors. Once the party gets going, the question on everyone’s mind will become “who’s next?”, and hot money will send the most likely prospects through the roof.

http://news.goldseek.com/DollarColla...

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