NP reports according to Blackmont Capital, who released a new report says that there will be a big wave of merger and acquisition in the silver and gold junior mining companies.

“While there remain several junior companies with projects that are expected to ultimately be economic under the current gold price, a significant amount of upcoming mergers and acquisitions are likely to be done under the assumption that the gold price will increase in the longer-term,” analyst Richard Gray said in a research note.

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