Bodes well from AXM given the size of proven deposit and how low the cost is for production. Barrick/Randgold has recently set the trend that Central Africa is the place to be.
Rick Rule, Chairman of Sprott US Holdings, discusses the increasing trend of M&A's in the Gold Mining Sector. He covers what's likely to come next, the types of companies which attract M&A, and how M&A's are impacting the mining sector overall.
TOPICS IN THIS INTERVIEW:
00:32 Growing M&A Trend In Gold & Mining Companies
02:32 Logic Behind Recent M&A Transactions
05:05 What Types of Companies Are Fertile For Acquisition
07:31 What Makes A Deposit A Good Take-Out Target
08:27 'Optionality' Deposits Are Something Much Different
09:51 How Does M&A 'Trickle-Down' And Affect Sector?
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