RE:So stubborn, so wrong, so blind.....I think that the partner is weighing the options and the prime one being weather to jv or simply take out IAU that is what the market manipulation of IAU is all about .... +60% primium to 1.50 is much less than +60% % to $2.50.... That's my humble opinion for what its worth , which is at least as valuble as metallhead's.....LOL
Present value of IAU is only 574 million but in my opinion it should be in the 1 billionto 1.5 billion Market cap right now considering the resources , location and present infrasture. A buyout should be in the 1.5 to 2 billion range ...JMHO
Now go nuts Metalhead!
| Security Type | Equity |
| Shares Issued | 370,355,185 |
| Market Cap | 574,051,000 |
| Year High | 2.48 |
| Year Low | 1.05 |