RE:RE:RE:BHP bids for Anglo AmericanYeah but they have little. A history of dilution and financings, but no real development or progress.
Low grade, high tonnage deposits are hard to get behind. Unless it's in a third world country :(. And their stuff is low grade, and in BC. Mountainous? Multiplies the complications & challenges.
Also, non Canadian property (Montana) requires hard dollar financings so...another hurdle. And dealing with the USBLM.
There are other plays that offer MUCH more value.