RE:RE:Wonder what's the ABSOLUTE minimum... What you are saying is that IMG is worth less than $1 billion. Just look at how Kinross paid for the GBR project and that will cost millions and years to develop. The future will be through mergers and acquisitions. Building low cost projects is history. Look at how AR exceeded their costs for the Magino project. Over 1 billion. Kinross would have to spend over 1.5 billion to build their project. IMG needs to get rid of the Ct project and get busy managing their current projects. Right now all the miners have been slaughtered for months and I don't think the bottom has been reached yet. The good times will come when the FED finishes raising rates, which means towards the end of this year. The other problem is to get rid of this rotten, aging and incompetent management which is far from being accomplished. We will have to be patient and not panic. A difficult thing to do after months of fall.