The large companies have come in and taken over a bunch of mining sites. However, they can't claim everything within millions of acres of mining sites and develop them all no matter how big they are.
"When we saw the surface samples, we were sold. This is going to be very exciting in the coming year for our investors" said Garth McIntosh, President & CEO , ICBS Ltd."What was really interesting for us was that two large Gold mining companies, have acquired claims surrounding the Canwealth Minerals property."
"Don't you think if any of these claime were worth anything another company in the industry with resources instead of a worthless pink sheet company would have grabbed them up already."
Easiest way to answer or reply to this silly notion is to ask a few simple questions.
Have large mining companies ever absorbed or bought small mining companies? Have established oil companies purchased or taken over small oil companies? Is there no room for start up mining companies with limited resources to exist?
Is there any room for competition among mining companies? If so why doesn't the more financially stable company wipe out all other mining companies around the country or the world?
News 
Market Data 
Discover 
AI
