Gold Majors Go Shopping: Who's Next?

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Major mining companies like Kinross and Goldcorp are able to provide the juniors with the one thing they lack: equity. Negative investor sentiment has created fantastic buying opportunities for deep-pocketed mining majors and savvy investors. The $2.7 billion spent in the last 10 days is the beginning of a shopping trend. Stocks move, rocks donít. The rush of speculative investing is about to begin again... Guy Bennett

On Thursday, Goldcorp announced that it is planning to buy Canadian junior, Gold Eagle Mines for $1.5 billion...

In the last 24 months, many juniors have proved up their resources in a climate of soaring metal prices only to see their stock price chopped in half. Junior Resource Explorers are now so cheap that if the retail investors donít buy them, the majors will...

The junior resource landscape is cluttered with screaming bargains and if the prices stay this low we are about to see a flurry of acquisitions by majors...

Major mining companies like Kinross and Goldcorp are able to provide the juniors with the one thing they lack: equity. Negative investor sentiment has created fantastic buying opportunities for deep-pocketed mining majors and savvy investors. The $2.7 billion spent in the last 10 days is the beginning of a shopping trend. Stocks move, rocks donít. The rush of speculative investing is about to begin again. As usual, the rich will get richer.

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