John Rubino, Founder of DollarCollapse.com joins me today to recap a recent article he wrote highlighting some comments made by Marin Katusa. Marin pointed out that the major companies are in need of resources and to do this they will start acquiring exploration companies. This is correct however we need some bidding wars to start and a bit of urgency on the part of the majors. If this does not happen the takeouts will come from lower bases and in some part locking in losses for investors.
(Audio length 00:12:42)
