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SGDJ - SD Gold Increases Cardinal Bid: How The Offer Stacks Up Against Prior Buyouts
ALPS ETF Trust Sprott Junior Gold Miners
It's been a busy year for M&A thus far in the gold (GLD) sector, and we've finally seen a change of character with suitors fighting over the most undervalued assets. The first sign of this was a three-way battle for control of Guyana Goldfields (GUYFF) between Zijin Mining (ZIJMF), Silvercorp Metals (SVM), and Gran Colombia Gold Corp. (TPRFF), with Zijin Mining coming out victorious. Since then, we've seen a bidding war emerge for Cardinal Resources (CRDNF), a development-stage miner in Africa. However, while