Are the wolves to come out then? Picking off those juicy stragglers in the junior herd?
If they are they will undoubtedly consider cash, among other equally important factors, in making their choices. This is more true now than it was in recent years. Financing sources have gone dry and if tougher financing days are here to stay, then some juniors are going to wither. But that ultimately could be good for investors and juniors as the former separate the the meat from the bones.
In recent years, with such a vast number of juniors to choose, some argue a sort of junior cannibalism occurred. Too few investors have spread precious dollars between a glut of competing stories. With fewer juniors stories for sale, however, it would be easier to reward those with promising mineral assets.