Why newmont bailedI think it’s safe to say the reason newmont bailed is because of the pullback in the sector gave them an opportunity to buy out goldcorp and consolidate tier 1 assets. We’re in an m&a part of the cycle because of this pullback and newmont focus seems like it changed from green fields exploration to jumping on a pullback opportunity to add ounces to their reserves at firesale prices. Gsr won big in this as newmont spent a lot of money and didn’t earn any percentage at all