Post by
modulex on Oct 02, 2022 10:04am
IMG slowly coming to an END
A search for a new CEO, new CFO and a Board member wont happen.
COTE project will be overhauled unless the company is forced to a sale at $3/share including COTE asset. The buyer will then either sell COTE and other assets. I dont see IMG taking a write-off in COTE.
Reference................https://fintel.io/so/ca/img
Largest shareholders include Van Eck Associates Corp, Donald Smith & Co., Inc., Kopernik Global Investors, LLC, GDX - VanEck Vectors Gold Miners ETF, VASVX - Vanguard Selected Value Fund Investor Shares, Renaissance Technologies Llc, GDXJ - VanEck Vectors Junior Gold Miners ETF, Vanguard Group Inc, P Schoenfeld Asset Management Lp, and KGGAX - KOPERNIK GLOBAL ALL-CAP FUND CLASS A SHARES.
The share price as of September 30, 2022 is 1.49 / share. Previously, on October 4, 2021, the share price was 2.92 / share. This represents a decline of 48.97% over that period.
Comment by
gisellekronk on Oct 02, 2022 4:42pm
why do you think it would be as hig as $ 3 ? , based on todays price $ 2 is a stretch
Comment by
donat50 on Oct 03, 2022 6:20pm
I wouldn't count it out yet we have seen it down here before and bounced back to $6.00 by Feb.Holding for now don't need a Tax relief lol .GLTA
Comment by
unclebobby on Oct 04, 2022 1:13pm
you can expect a take out before it hits $6.00 very cheap take out before really starts to move, that would make it more expensive
Comment by
donat50 on Oct 07, 2022 12:18pm
You have to remember the Cote mine was supported by both governments and plan to hire around 500 natives to work the mine .
Comment by
RayDonovan78 on Oct 12, 2022 6:49pm
Luke, are you still B!TCHING about management. You sound like a broken record.