RE:RE:RE:When will IMG take a run at MXI?I think early-2016 would be the time they buy us out.
Usually start of a year leads to strong gold prices, and we have seen that in the recent past. Given the marginal nature of IMG their stock reacts very heavily to an increasing gold price, their paper will be valued highly in early 2016 according to me simply due to seasonal strength, and they will use that to buy us out, I think it will be an all stock deal, and they will try to keep a strong/liquid balance sheet with the cash they have.
Our paper probably will not react very heavily to the strong price of gold. Also, we might have something on Karita by then, so that might make IMG act quickly.
Just a thought.