my hunchIAG may put off building Cote. This will cause STA stock to drop Gold stocks being weak Pinetree likely knew Cote is being written down put on hold, dumped. STA owns 50% of watershed. IAG owns 50% If STA goes bankrupt who will acquire the property? STA last payment of shares for the property will be next year I believe. Could STA management agree to a directorship on IAG board for a friendly share swap, and an agreement, and a few IAG shares that will fall in value once the takeover is complete. STA managers get a big pay day shareholders get next to nothing (like the UUU armz deal) Could IAG develop Cote with the property they own, leaving the watershed property isolated. The big bank buys were no surprise or mistery. They bought at 0.25 -0.03 dumped at 0.05 -0.06. then volume died Then again the other camp could be right and a buyout is being negioated. I guess the writing is on the wall that the two companies partnership in Watershed is not a marriage made in heaven. More of a Divorce in the making. Leaving many to wonder how will this play out.