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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: AlphaRomero who wrote (57847)	3/25/2008 2:29:48 PM
From: TrueScouse	Respond to of 78419

AlphaRomero: <<This would be a significant shift in the big-company mentality... Let the M&A begin!>> I also saw that article saying that NEM was now looking at 500,000 oz projects. Surprising at first glance, but then we forget that 500,000 oz Au is now a $500M in-ground deposit! Not chump change any more, and there's lots of these in North America. So I suppose for a major to adopt a different operating model and set up it's own medium producer with ten of these things would be an interesting model. <g> Why not? I think we're going to see major M&A activity during the next leg up. Of course if may start here where the prices have sold off a lot, but it always amazes me that big producers sitting on lots of cash don't grab more of the small to medium size projects while they're cheap. JMHO. Regards, Howy