Gold was a hot topic as always at PDAC, and Resource Investing News had the chance to speak to a variety of thought leaders about the metal. Giving his take in this video is Louis James, editor of the Casey International Speculator. To start he discusses whether we're likely to see increased M&A in the gold space, a question that's been in the spotlight since Goldcorp (TSX:G,NYSE:GG) announced plans to acquire Probe Mines (TSXV:PRB) back in January. He notes, "short answer to your question, yes, I think we will see more. I think we'll see at least as much as last year, maybe more because ... the bigger companies have to eat up the little companies or they become small themselves." He also gives some tips for investors looking to identify takeover targets in advance and explains why it's not particularly important for them to be concerned with whether the market has bottomed out yet. "If you're buying a stock hoping that gold will go up and that will make your money, you may have to wait awhile. But if you're buying a stock that's already sold off, but it has a valuable asset that might be taken over, you could get a takeover offer ... that comes at a nice premium whether or not gold has gone up," he points out. In closing he touches on what may be ahead for the gold price, stating that he's seeing "sort of a dragging along the bottom." While that might sound bad, he believes "at $1,200 plus or minus gold, there are good mines out there that make a lot of money."