Newmont Focus on Only Tier 1 Gold Assets in Safe Jurisictions!, page-2

It has always been a short-list. Arguably shortest today than ever, since WW II.

BUT every single producer on Earth has less reserves now than when you started to read this post. The mining mantrs du jour is "Replenish or die."
DEG's deposit alone is a company-maker -- tier one; the jurisdiction is safe -- near safest, and; it is still growing. Not many like that.

The incomplete list of factors above are ALL premium, ie. over and above the ozs. in the ground. The list of supers, who are prospective bidders is also very short for a full t/o. A j/v widens the net of companies beyond supers to tier one companies.

To achieve the best deal I think DEG must simply continue to do what it is doing, drill.

All this will take time. The supers know each other intimately; it is a tiny group after all. So, as a weekend speculation I'll throw in a 15 year old Au mining situation instrumental in some companies growing, and some firing their CEOs, eg. JAG:TSX: EGO.

In the relatively frequent times they gather plug in: a) booze; b) competition; hate?, and; ego. This could result in: an oversized bid, or a bidding war.

God Bless Freedom!!!!!!!!!!!!!

OV
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