Why Junior Miners Will Win Big In The Coming Gold Boom
What happens when the world’s biggest miners run out of gold? We already know. We’ve already hit peak gold, and the only companies sitting on promising new reserves are the junior miners. The big miners are scrambling for more gold, and merger mania has taken hold. Large-cap miners are doing three things at record pace: - They’re merging with other major miners (think Newmont/Goldcorp and Barrick/Randgold) - They’re scooping up juniors sitting on the best patches of gold. - They’re conducting a series of micro deals to gradually insert themselves in the junior-mining patch. We know those juniors who have already been targeted for acquisition and micro deals, so we’re looking for the next prospective beneficiary. Based on a series of recent events that includes the announcement of a formidable new CEO and a near-term production target of 50,000+ ounces of gold per year in one of the world’s hottest precious metal venues, African Gold Group (TSX.V: AGG; OTC:AGGFF) could be on a few radars. And that’s just the starting ... Click here to view full article