We all know that when gold gets back to $1,800/oz, the miners will be out there once again looking for acquisitions. Why are they not looking for acquisitions now, when the market is depressed?
As companies deplete higher grade reserves, they have to acquire new deposits. But unless you are a geologist, don't look to NI 43-101s to always give you reliable information about the quality of a resource.
Analysts at Mackie Research Capital crunched the data to stress test which junior miners would thrive, survive or die at $1,000/oz gold and $18/oz silver.