RE:The best scenario would be this... I woke up this morning thinking: what if the JV announcement is taking so long because it's working it's way into more of a buyout situation? What if we wake up one morning to halted trading and the next thing we know I-80 announcement is buyout of $4.50/sh or something crazy. Wouldn't that be unbelievable and yes, get the shorts to "eat their shorts"!
absolutely great time to load up on shares now for sure. Even if the announcement is JV like planned, I can't help but think with assistance to move forward And a lot of the financial situation "derisked" we could see double or there abouts pronto!
Gold going to keep moving up, M & A activity likely to increase, interesting times!
im pretty much prepared to sit on my I-80 position now for the next 5 years minimum (if needed), I suspect if the appreciation for miners from the overall market comes back to the sector, and gold moves continually in the right direction, it wouldn't be crazy to see I-80 move into double digits once producing from 3 mines and the autoclave in production? Even with a bit of dilution along the way!
JMHO (with a touch of dreaming!)
PonyBoy Outsider