Junior companies with great valuation practically at 98% down (fire sale) from high are being snapped up by seniors. Looting in plain site.

A investor in any of these companies is forced out to sell at loss.
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In March, Endeavour Mining offered C$1 billion ($726.9 million) for Toronto-listed Semafo.

Silvercorp Metals this month hiked its bid for Guyana Goldfields, while China’s Shandong Gold Mining offered C$230 million ($167.9 million) for struggling TMAC Resources. SSR Mining also snapped up Alacer Gold .

Gold M&A back on the agenda as restrictions ease