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Message: Keep an eye on BHP

I see BHP doing similar things that Barrick have done in the recent weeks, putting projects on hold and selling assets. This is not growth at this time, but could change at anytime. It is being portrayed at the moment as preserving cash by the market, but could it also be a move to free up some cash for, in BHP,s case, some decent gold projects? These big industry players know full well that gold may explode to the upside on the right catalysts and could be getting prepared for some major gold aquisitions that can be put online fairly quick. Although BHP is mostly in base metals, I believe it may be wise for them to add a considerable gold deposit to their portfolio if the opportunity arises.And what exactly is Denis Lechance doing at Dynacor, down over the hill, with connections to Xstrata and Aaron Regent, ex CEO of Barrick? Maybe a deal will be made to take out DNG and SLI in one shot by a couple of majors and thats why Dynacor is building their new mill over 50 km,s away from this area?

http://www.mining.com/bhp-sells-australias-mammoth-uranium-deposit-to-cameco-40119/?utm_source=digest-en-mining-120827&utm_medium=email&utm_campaign=digest

http://www.mining.com/bhp-ditches-olympic-dam-plans-as-profit-tumbles-73572/

IMO

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