by now most of you have read rick rules commentaries about the seniors on the look out for new deposits. you've also had to note the many articles on IAM GOLD ,GG, Barrick wanting to buy buy buy. So I'd like this to take the form of your predicitons. I know some of them are embedded in the other forums, but let's create our own list of who's going to be taken out
You sold Ventana Gold Corp. (VEN:TSX) last year for $1.5 billion. Now you are an investor in Keegan Resources Inc. (KGN:TSX; KGN:NYSE.A). Is that the same business model: explore, derisk and sell?
RB: I like the story. Keegan is basically the same business model as Ventana. The company is developing a gold deposit in Ghana. It hopes to sell it and that usually commands a premium. It could take a month or it could take three years. My money is on the shorter term.
woulda been nice if Rick Rule gave us some names of companies. but I do know that a popular newsletter I follow, highly recommends Bob Q 's company and calls it a takeover target....so add to the list
Pretium Resources....and its a bargain at 8 and below, right now. 8 is good. 7 is greedy. in between is decent bargain.
add these also ... as takeovers.
THM international tower hill
keegan... you said that one. maybe some of the other africa miners like sand spring and xtra gold ?? i dont know
Almost certainly Newstrike.......nes.