RE:RE:One month later…My ttwo largest holdings are IAU and CXB.
Unlike CXB which was approached by BMO, raised cash on a bought deal with no warrants, IAU had to give them warrents. So while the analysts still have high (hopes) predictions for IAU, no reason not to with Au prices and Cu expected to go higher it remains to be seen what near term events puts some fire in the share price?
For now we are just about two weeks or less to find out if the JV takes place. Participation given the low share price would make a good entry point for a partner.
Excellent resource but as Angel points out has the management got the wherewithall to be creative witrh finacing and find a partner with deep pockets and big enough to bring this project to fruition? Quarterly report out early May.
Ps
Angel you asked me if I thought CXB would eclipse IAU. I said my eclipse glasses got foggy so I expect that should clear up by mid may with a more definitive answer. So far CXB appears to shine a bit brighter every month.