Sat, Aug 27, 2011 - 4:28pm
Repost from a home page thread. Thought many would be interested here.
I've speculated that we would see this sooner rather than later. Interesting article.
My thoughts are when you see gold companies buying silver companies then you know it is "game on". Nova Gold and Barrick have recently bought copper companies. I think there will be more of this to come as well.
Also note that two big gold companies have quite a bit of silver: Barrick and Gold Corp. The latter has a billion oz. in the ground. I think Barrick does too. Just something to think about if you are looking for companies leveraged with silver as well as gold.
Also at the GATA conference Bob Archer from Great Panther was noted as saying that there would be consolidation among Mexican silver miners.
Get ready for a different gold frenzy: mergers & acquisitions
Edited by: TheGoodDoctor on Nov 8, 2014 - 5:20am