Well certainly logical for them to build profit from existing operations which with company's superb narrow-vein mining experience I am sure they are doing. The reason for an acquisition is that this company has been consistently undervalued- partly because they are too large for many speculative people in junior market, ot large enough for some institutions, and simply with gold and silver at recent lows good time to buy assets.
The stock is undervalued, and for me I am looking at the 2014 or 2015 period for a major move upwards a mines start recovering, and exploration results advance. I agree costly to acquire companies or properties , but watching the paint dry not so much fun.
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