RE: Higher value lower gradeWith increased grade as a result of large scale mining, supply and demand increase in rough prices and eclectrical power over diesel power for the removal of overburden we may see close to $20 rock value. Now lets through in the marketing rights value and BOOM!
How many gold properties are left in the advanced stage after 2006 M+A's?
The longer the period before a buy-out the better. I remember the days when a $3.50 buy-out was the rumor. Now we sit just under $8 and await results on another 800 million tonnes.