GREY:OLEPF - Post by User
Post by
johnnycash&stockson Dec 07, 2011 9:11am
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Post# 19298458
consolidation of gold juniors
consolidation of gold juniorsinteresting read:
https://www.miningweekly.com/article/funding-dearth-means-more-gold-consolidation-says-randgolds-bristow-2011-12-03Bristow said that Randgold was constantly looking for additional acquisition targets, but was yet to find something with assets as good as Kibali and at an attractive valuation.Still, he saw other smaller gold companies putting together deals.“It makes sense for consolidation in the junior end of the market because there’s a general scarcity of finance to build these smaller projects.