RE: Newmont bought Fronteer for $2.3 billion from discovery to Goldcorp buyout, the Eleonore' deposit was in the hands of a junior for only 15 months. We could see a buyout much sooner here, but the longer we're able to fend off a hostile TO by NEM, the greater the potential to profit.....the ultimate buy-out being the end game no matter what.
When it comes to dilution - ALWAYS a threat in this sector - 'Insiders' currently hold 27% of the outstanding stock. It's fair to say that Dave's interests are somewhat aligned with ours.