Northgate Minerals Corp (NXG)

[microcab52]

"GLE small but can be made into a 200+ per year ..."

Golden,

I'd love to see them acquire GLE, since I own some of their shares. But GLE already has another miner as a shareholder. Also, their mines aren't in Canada, i.e., anywhere near NXG.

That's the real rub. NXG mgt wants sxomething close to them. A big reason AZK was top of their list. Getting something in your locale (on top of competition for new reserves) makes it doubly expensive and difficult for them to come up with anything.

Hope Y-D and K-North fill their plate. Otherwise, you're looking at massive dilution.