RE:RE:RE:RE:Presentation todayPonyboy no doubt patience is required and if one sees the merits of this project then it's worth increasing positions. I did that with CXB and the rewards have paid off very well with more to come.
Although the partnership has been slow in coming for some of us with perhaps good reason I see IAU as one to increase my holdings and from my watchlist this project looks great. If I'm right it offers me a subtantial upside for the risk reward potential. There will be a JV or takeover as my assumption? For now I see management not wanting to relequish control of their project buy reaching an equitable outcome for the J.V., this would be the best case scenario even with more dilution to get the project funded will add shareholder value.
Regards