RE: Thinking out loud I think a merger with RMX would only make sense if Rahill-Bonanza was spun off first - then you'd have a pure Red Lake play. As to whether or not a merger would make sense in the first place......no idea, except that there are some that don't completely trust RMX's resource numbers, from the controversy a couple years back (I'm sure it's a non issue now).
I doubt PG will be the one to break ground when it comes to developing Trans Cda - it's bound to go to the highest bidder, in spite of the technical development team that Ewan poached from AEM. In my way of thinking: due to the recent association with AEM, it'll likely be AEM that makes a move on Trans Cda - it could come sooner than we might think.
I'd really like to spend some time in the local bar where these Red Lakes types gather and gossip. No doubt plenty of money was made simply listening in on conversations where the miners gathered in Elko Nevada, back in the early days of Carlin. What do these TB boys know, or suspect???