There is a fundamental failure to actually read what Newmont has...

There is a fundamental failure to actually read what Newmont has published in their annual report published a few days ago .
They are selling off tier 2 assets as they don't fit into their plan .They may in fact be a good buy for a smaller company who does not need ,want or afford a tier one asset .Newmont is one of the biggest gold producers worldwide .
Under section 6 of this news release on February 22nd details are given for Newmont s go forward tier 1 portfolio .They are all listed for anyone who bothers to do the research .They have multiple in house current and future tier one assets .There is no reason why they would want another one which is overpriced.The costs of the buy out of Newcrest resulted in free cash flow of 88 million.They have enough projects already to keep them going for years .
As said before their is ZERO chance that Newmont will take over DEG.Large projects which the majors are interested in worldwide generally are copper and gold projects to hedge their bets to develop mines which are incredibly expensive.
Deg is going to have to go it alone with Gold road ,The only way this can be accomplished is for more share sales and borrowing large amounts of money .Banks worldwide are under stress due to decline in the value of commercial real estate .
The reason that safe jurisdictions are mentioned ,is because of the mess Panama has got into with Cobre panama .This is a huge mine into which Billions has been invested and has now been shut down due to public protests .It represented 6% of the gdp of Panama.