Ann: Rothsay Resource Increases to 454,000oz AT 9.2g/t Au, page-39

Thoughts on Newmont buying Goldcorp (for $US10B), possibly igniting a bit of M&A within the gold industry*?

"Gold mining companies are turning to M&A as a way to kickstart growth and secure mine reserves after a decade of cutting back on exploration spending"*

"I can see a new wave of mid-tier producers being spawned from assets deemed sub-economic by the two 'giants,'' Hodgson.

While EGA is most likely too small to register on the radar for such giants, could a bit of positive price action hopefully flow through?

*AFR