WhoaIf theres nothing any to discuss on nfg heres a mining story.
Iamgold up 17% this morning on the sale of Rosebel mine. Suriname I think it is. Discovered and built by Cambior under the leadership of LPG a supposed bright feller who was brought in to take over Soquem I believe it was.They flipped several properties including a 50% interest of the Doyon mine into Cambior and put LPG in charge. Cambior came on the market at around $8 a share if I recall. 20 yrs later the Rosebel tailings dam broke and shortly thereafter Cambior was acquired by Iamgold. If I recall it was sold at either $2 or $4 a share.
Dilution dilution. The curse of dilution.
And Now Iamgold is $1b over budget on Cote lake, thus todays sale to the Chinese of Rosebel. Dont look at a 20 chart of Iamgold.
The more you know the better. Its a good thing Ike is here to tell you stories.
Ikeski