RE:All gold companies are rising but IAU is waitingPrice is being managed just like MOZ was managed pre CMX buyout offer.... CMX capitalizing on the low placement price for insurance just in case a much better offer were to come in after disclosure.
I see exactly the same thing happeneing here... IAU stuck in a 1.20 to 1.60 rut and pushed back every time there is any momentum.
The financing is already anounced for the partisipation of those in the know who keep the deal under wraps and the price contained. They will be the ones taking down that placement as the deal news become public.
I bet we see a deal soon...JMHO
Just look at CR price control in front of a buyout offer...JMHO