RE: RE: RE: RE: Iamgold cashed up ready to buy but When one looks at the history of Kiaka along with the recent permit exchange, the relationship between Randgold and Volta can not be discounted. Instead of an outright merger and or buyout of Volta, my line of thought is more along the lines of a JV Partner on the Kiaka Gold Project to bring it into production (ie: financing). Here, I think Randgold is in an ideal position to step forward with financing and expertise at a later date to participate in an eventual mining operation at Kiaka. If so, the pending PFS will shed some insight on total CAPEX and IRR but its still too early to speculate imo. That is, Kiaka will most likely need bankable studies completed to attract definate interest.
Like most here, I too agree that Kiaka south has the potential to be a game changer. Those grades aside, Kiaka in general hosts significant exploration upside. If I'm not mistaken, the next resource update on Kiaka is planned for sometime is Q3. Unlike the last Resource Update (or the pending PFS), Kiaka south will start to be incorporated into the same. Here, I think total ounces will eventually attact the attention of many (if not already). Infact, and if pending drill results demonstrate continued high grade intercepts, I'm thinking that this catalyst will have a higher impact on the stock price than the pending PFS. When you have both pending along with an inevitable bounce in the junior sector as a whole (ie: entire sector is way oversold), then you have what I call a "no brainer". But hey, that means nothing in this market because Volta will most likely trade down once again.