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Juniors set to ride the M&A tide: RBC

Valuations in the junior gold sector have been largely in retreat since peaking last August. But with the equity taps open, drills once again turning, and majors showing signs that they’re ready to make deals, those valuations could be set for an M&A-inspired upgrade.

Juniors set to ride the M&A tide: RBC Juniors set to ride the M&A tide: RBC Juniors set to ride the M&A tide: RBC Juniors set to ride the M&A tide: RBC Juniors set to ride the M&A tide: RBC

Potential buyers have so far taken a cautious approach, which is unsurprising given how many bad deals were done during the US$1,800 per ounce days of 2011.