OTCQX:DMMIF - Post by User
Comment by
OriginalFredon Aug 08, 2014 12:11pm
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Post# 22822606
RE:what I'll do if I'm DMM ceo
RE:what I'll do if I'm DMM ceo
IAMGOLD already owns almost 50% of INV Metals, so it would be impossible to buy unless IAMGOLD was selling. In addition, INV Metals needs a lot of cash to develop their property. Dynasty already has some other properties that will require cash to develop, so they do not need another one. INV Metals will likely be printing a lot of shares once they burn through their $20 million. I bet they will need an additional $30 to $60 million to develop that property.