Just thinking about Bailey's stated desire NOT to be bought out and to go on the acquisition trail himself. Eric King, on FSN, has talked about the need to invest in growth companies in a bull market because those are the companies that the market values most highly, he often cites Agnico and Yamana as examples.

Could Minefinders transform itself into that kind of acquisitive company when the cash flows from Dolores start to roll in? I'd like to think so...