San Gold Corporation

There was an interesting comment in the RMX/G news release that suggested RMX would be a takeover target for G within the next year but not after because after that time RMX would be in the mine building/development stage.

SGR has been in the mine building/development stage since they declared official producer status 3 years ago. Does mining take the target off an explorers back for a 2 or 3 year window while a going concern is established and/or does a major wait until the cost per ounce of a mid tier comes down around the level that the major is producing at before any M&A?