Compared to ....Kirkland Lake Gold which was founded in 2015 and went from roughly $3.00 to $44.00 in only 5 years without 1 billion in the bank 5 years ago I am sure !!!
I do not own KL btw.
I am just frustrated that IMG can just not make use of these moneys they are sitting on.
Give me half of 1 billion and I guarantee I am going out on a buying spree of high value assets...heck I might even buy Trunp properties at a discount if I can make a profit on the flip! lol
But seriously....you would think there are many money making opportunities out there for all kinds of high returns....hi tech equipment, upgrades, acquisitions, exploration etc? And if it`s too complicated for them....share buyback would be an easy out!
Just a frustrated novice investor here.
Kinross seems to be another great non performing gold producer which I own btw.
IMHO