Fri, Aug 22, 2014, 1:46 PM EDT - U.S. Markets close in 2 hrs 14 mins

Recent

% | $
Quotes you view appear here for quick access.

Golden Star Resources, Ltd. Message Board

  • strecke88 strecke88 Apr 13, 2012 2:03 PM Flag

    Junior Miners going Cannibal on each other!

    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.

    Source: http://www.mineweb.com/mineweb/view/mineweb/en/page66?oid=149290&sn=Detail&pid=102055

 
GSS
0.5042-0.0058(-1.14%)1:41 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.