RE:RE:RE:RE:RE:Twin Falls TheoryI think at this time, it's safe to say that any disposition is on hold as deal metrics or prices weren't agreed by both parties. Diligence is done, hurdles jumped through and over, bascially it all comes down to price. PE wants it cheap as possible and Sellers want maximum value for shareholders.
Makes sense the team is back in the field for prospecting, exploration and most likely more core drilling this fall. I believe we're waiting for Gold to blue sky break out from these levels to get M&A activity across the sector ramp up with valuations and multiples reaching unprecendented levels. Gold breaks above $2460 in the next measured move and marches towards $2500oz, we may see violent rips up towards $3000oz. All of the sudden the multiples make sense and the acquisition frenzy begins.