RE:RE:what's with crazy volume? >7MK92 has got to be at the top of the M&A list right now. Amazing asset with huge exploration potential. About 1 year(ish) away from 300k oz PA (and eventually 500k PA!), with very little CAPEX spend. Either someone buys now or you pay a LOT more in a years time. Kinross paid more for GBR which will be in production maybe 10 years time.
I always thought NCM would be a potential suitor, but with the whole NEM takeover not so sure now. It's fun to speculate though. I mean who WOULDN'T want this mine?!
$12 is my target too, just based on technicals (charts), and that seems a reasonble price too. BUT, with the value right now in jr goldies, I'd still consider a lower amount just to get the cash to go bargain hunting. EVERYTHING is on sale righ now in jr mining land (except Lithium). I would be buying but I have no cash, unfortunately...