GREY:TWNNF - Post by User
Post by
docmzon Nov 20, 2010 7:29am
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Post# 17733781
Franco-Nevada chairman on junior M&A
Franco-Nevada chairman on junior M&A " Bullion producers including Goldcorp and
Barrick Gold Corp., the largest producer by market value, may attempt to take over junior companies to boost output amid DWINDLING supplies and rising prices, Franco-Nevada Corp. Chairman
Pierre Lassonde said in an interview "
This bodes well for TRR. We know the MAJORS are on a hunt for BIG DEPOSITS ALL the time...hmmm...just a matter of time folks. Remember, Arequipa only drilled 11 holes before they were gobbled up by Barrick for a BILLION dollars. AND this region has been mined extensively with 110 million Ozs found. So a BIG HUGE deposit at Cote Lake is a sweet treat for us shareholders and it will be something that will add MUCH more to that 110 mill total.