it seems to me as a layman that companies not cosidered a lean and mean machine are takeover candidates in the australian gold bull market of late and that m & a activity may increase
and that they are purely australian would also appear to me to be a big bonus
many of the major aus gold companies have put their toe in the water with regards to north american buys
and on the face of what i have seen occur so far, i wonder if they wish they had not done so ?
considering the enviroment, woodland, frozen ground, and the different cultures etc.
so i wonder if anyone is eyeing up wgx as a pure aus play ?
i am thinking local to them gold companies would be ideal predators but can not see that for obvious size reasons
but you never know for sure in stock markets if they were to recieve backing from the majors
having said that i would appreciate any readers views on who would likely be a buyer for the wgx many assets ,if indeed they are considered vunerable
having said the above, perhaps a north american company may be interested
just thinking left field out loud
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