GOLD PRICE AT $1,736.20 - KINROSS AND BARRICK ALSO CRASHING GOLD companies mergers/takeovers are unavoidable.
IMG is a prime target to be swallowed.
Good entry point in the $1.80's, but with a small position, just in case a downslide happens at $1.50, in which event, crucial decisions will have to be taken.
IMG is most likely to be bought under a share swap transaction, rather than in cash.
| IMG(IAMGOLD CORP) | Real-time |
| $1.81 | Bid: $1.81 | Ask: | $1.82 |
 -0.10 | Bid Lots: 213 | Ask Lots: | 1748 |
| | High: $1.92 | Low: | $1.80 |
| Last trade: | Vol: 676,960 | Tick: | - |
| 12:59 ET |