Investment Opportunities Are Everywhere With Paul Andreola
Lead-Lag Live
00:00
Is There a Microcap Takeover Target in the State?
As high prices and commodities on average stay elevated, I would think that a lot of these microcap resource companies could be takeover targets. So if a company goes and finds a project and drills it out and it looks like it's going to be economic, 90% of the time it'll get bought out by a larger player. That's almost the way the business works. These junior explorers, they go out, they spend all the money and, you know, it's very high risk. The majors look at it as a farming system, right? They just pick the ones that they want once they see the results are there and off they go.
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