RE:Only A Matter Of TimeThe end of tax loss season should help all miners, especially IMG who has been really hit hard of late. A seasonal POG bounce has a good chance of occurring so $2.50 for IMG could occur in over just a week or less.
I'm not sure if tax loss season has dampened MXI but moving beyond that date tomorrow certainly won't hurt.
Surely we will see the new Diakha resources first thing in the New Year and IMG will have two new resource/reserve reports coming out that should impact their gold numbers nicely. I expect Boto will move a lot of ounces from resources into reserves on the upcoming report. Hopefully more ounces in Boto as well.
January will be a huge month for IMG. There is so much news coming up that it is bound to move the market one way or the other. If good news coincides with a POG bounce, IMG could be hugging $3 by the end of January. I think the market is pricing in a bad reaction to January news so good news could make a significant bounce if the stars all align.
Let's hope the market recognizes the value of Diakha. Right now we are fairly priced for Siribaya only plus almost nothing included for Diakha. It's a bargain right now.