Currently with the down turn in commodity pricing the Directors of Ellenkay Gold has been retained by some mining and exploration companies to assist them identify and review mineral deposits for potential mergers and acquisitions. After reviewing several projects we would like to make these observations.

The first observation is that generally a lot of early stage projects don’t spend enough resources in clearly understanding the potential of their ore bodies. Geological modelling is very optimistic and continuity of the ore body is often a major assumption that remains untested. Continue reading “Opportunities in M&A, Requires Realistic Expectations” →