yes, it creates a very interesting set of circumstances
the majors have refrained from spending money. they have been running their highest grade reserves. which have been depleted over the last 6-7 years.
so, they should be on the buy. juniors are ridiculously cheap. lets see if this ignites a feeding frenzy
dharma
novo should be reporting soon. they are cashed up and have been buying tracks of land around the pilabra area. so have the other juniors in the area w/pacton
having acquired a huge land mass in the desirable area. artemis and degrey mining have been doing the same.
novo has enough cash to build out its mine so it doesnt need to come to market hat in hand for money. if you believe Q henigh they have the goods
so when they reveal their drill holes we will find out. i have slowly accumulating them . as i believe QH he was head geologist at newmont and is a very well known
geologist. we will see
dharma