"... Peter Grosskopf, CEO of Sprott, joinsCatherine Murray, Host of BNN Bloomberg's The Close for a look at M&A activity within the Canadian gold sector. Grosskopf says that while big-name gold miners like Barrick and Newmont have gone through notable acquisitions this year, we are likely to see a significant number of junior miner acquisitions in 2020. https://www.sprott.com/
"... Transcript
Murray: 2019 saw major merger and acquisition activity in the gold sector for some of the big names like Barrick and Newmont. One investor is putting his attention toward smaller-cap companies. Sprott's CEO Peter Grosskopf joins us.
Peter, let me have your take, big picture, in terms of what you saw for merger and acquisition activity in the gold sector in 2019. It feels as if things are just being moved around.
Grosskopf: The year started with a bang with those large-cap deals, and now at the end of the year, we’ve had some of the intermediate gold mining companies getting acquired. I do think that activity is steadily increasing.
Murray: What is the driver here? ..."
Well, I think investors are going to discover that Kerr Mines is going to be another Great Bear Resources story and Kerr's stock is going to seriou$ly POP in 2020 ... Many private investors along with large institutional investors are going to be very sorry they did not load up on this stock at these ridiculously low levels...
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