JAG will move from junior to intermediateProbably...my 5 cent guess...is they are going to purchase the IAMGOLD Pitangui of 900k oz for about 50-100M $. If so, they are doing exactly what I would have done, i.e secure it before gold price moonshoots from these insane low levels. We are only about 2x the 1980 peak of 850$/oz...I mean come on, who in the he'll are they kidding. My dad's house purchased in 1977 at 40000$ is now worth 800000$...×20....no reason for gold not going over 200000 per oz. Anyway, this news is hyper bullish...it means they will grow much faster and within a few years be re rated from junior to intermediate. See my older post from a few weeks back with my share price target corresponding to the output per year. I see big plans for JAG. They will be the commander in charge of the I gold district. I predict month of large institutional accumulation at around 10$ and then double to 20$....and so on. Great move...and one thing is for sure, even if they don't purchase the Iamgold Pitangui pit, they then have larger potential at their existing gold zones (4 prospects)...These will be interesting time!