EGA 0.00% 28.5¢ egan street resources limited

Thoughts on Newmont buying Goldcorp (for $US10B), possibly...

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  1. 6 Posts.

    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

 
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