RE: Take overFew if any juniors get to mine their deposit especially if it is huge and extremely valuable. Even if they go along for the ride they aren't in the driver's seat with a majority position . Big companies with existing mines are able to use their cash reserves or other mines as a hedge against cost overruns or unforseen problems ie. they have revenue rather than relying on loans and dilution. All of the major miners - BHP, Rio Tinto, Newmont, etc. have had confidentiality agreeements with Shore Gold over the past several years so that they can perform their own due diligence and calculations . They won't rely on 43-101 reserve or resource definitions as a measure of value because they don't have to and they know a lot more about the appraisal process.
JMHO,
Crocky