My gut feeling tells me That institutional investors will strongly support Jag to be the leader in that portion of Brazil and sooner or later, IAMGOLD will probably leave and sell it's stake to Jag which seems to be clearly proving to be an excellent operator AND explorer. Time will tell but looking at what little IAMGOLD did in Brazil during this time, and it's poor stock price performance, clearly they are spread too wide and costs have not been under control unlike Jag's recent turnaround with Vern and Eric. Both joining forces make a hell of a team!!!