BNN TodayThere was an analyst on BNN this afternoon speaking about gold stocks. His contention was that once the market stabilizes there will be a surge in M&A activity" senior(producers) are like mice on a treadmill" they have to keep buying in order to be considered a growth story. He went on to say "west africa is ripe for consolidation".
It is my hope that carrying a billion or more in cash will soon be a drag on the growth image that Iam wishes to project and they will start deploying their warchest.