Mako Mining has announced its plan to acquire Goldsource Mines in a strategic move to create a scalable, diversified gold producer with a significant platform for growth. The deal, valued at $33 million, will be executed as an all-stock transaction, offering 0.22 shares of Mako Mining ($MKO.V) for each share of Goldsource Mines ($GXS.V). This merger is seen as a positive step for gold investors, as it mitigates single mine risk by diversifying assets, adds a resource of over 1 million ounces of gold, and sets the stage for future growth. The market has reacted to this news with interest, noting Mako Mining's market capitalization is approximately 7 times that of Goldsource Mines, indicating potential for a quick adjustment in stock prices. Industry observers suggest that the consolidation could lead to short-term buying opportunities in gold stocks and anticipate increased analyst coverage and institutional marketing following the merger.