ThoughtsCertainly not as much as I was expecting.
Agree I was looking for at least $1.50
This is also a blow to Northern Superior Minining ie SUP who I am sure was looking for an eventual joining of the Nelligan asset interest with their own.
On the upside we will be holding more stable shares in a better company with better management for sure.
Also with this aquisition it makes IMG a much more attractive takover target and I am pretty sure IMG's days will be numbered in the next 18 months
So we sould be partcipating in another share price increase by way of a second takeover.
Not sure how I am going to vote but this is not a total loss of shareholder value for us
edmed