Here's an article worth a read - implications?

http://network.nationalpost.com/np/b...

An important quote IMHO from the article:

"Cash and cash flow are king .... Juniors who do not have a large treasury and cash flow are having difficulty raising capital to finance their projects, even if they are extremely attractive."

Methinks that the juniors of ROF will have to think long and deep about their bank accounts, and whether an ROF merger might be an intelligent strategy.

On the other hand, a "fractured" junior exploration picture in the ROF might work to their advantage.

The October Noront AGM might give us a deeper insight into how Nemis, Novak, and Harvey see the exploration of the ROF unfolding. Their relationship with IBK seems now quite critical. It has been a prime source of exploration dollars.

Snug