The number of choices in the mid tier range is falling thick and fast. Funds that wish to flow into the mid tiers will have less choice,,, hence prolly force prices up.
On one hand you have M+A activity that usually signals a top in a market and on the other, you have a metal(Au) whose production is falling annually and hence M+A is one way of growing for existing companies. Either way,,, good place to be in for now.
