Just hung up phone with Peter GHe told me so long as I don't change what he said, go ahead and tell whoever I wanted.
I will say I detected some irritation in his voice but to exactly to who I don't know.
He said the key is the next drill results and what IMG says will be their summer drill program.
If the next 3 holes due out are as good as the ones from last week or better, and IMG does just a small summer program, he believes any quick takeover is off the table in his opinion.
I wrote this exact statement as PG said it
"Given we can already start to make the case this deposit has doubled and the next drill results will likely support that belief, any real mining company would have multiple drills and a 20k-30k metre drill program. If IAMGOLD ends up anouncing nothing close to that, Vanstar better get a move on to an alternative road like putting their interest up for sale. If nothing else, IAMGOLD will sit up and take notice. Do they really think their going to buy a 25% interest of at least a 6 million ounce deposit in the end for less than $100 million? They can pay $2 a share now in shares to VSR and be done."
I guess the good news is, we have an asset to support the current share price but what and who is going to drive it higher if IMG drags their feet?
The Reaper.