RE:Great interview with a junior gold stock investor What happens to these other juniors who "fail" or run out of money before validating enough to be purchased at reasonable valuations? do Majors / large private equity venture groups just scoop property/claims they have for pennies on the dollar? or do they go dormant?
If there are a lot of struggling juniors and blood is in the water so to say, wouldn't it make more financial sense for majors or other private equity venture groups to go after these before a well positioned and financially stable option like LME? I understand that there would inherently be more risk from a proven GEO/ feasibility aspect but if claims/property are at a 90% discount in comparison to the likes of an LME it could slow things down for us.
Could be totally wrong but it popped in my head