Post by
theSquire on Mar 27, 2024 2:35pm
Needs more time to show direction
IAU is hard to read. they have several factors on their side, but debt levels, project financilng and general malease in the junior mining sector are all holding the share price back. If it can gather a little momentum and get pas those with an appetite to dump their shares we could see the price back above $2.50 by June.
Comment by
goldstd69 on Mar 27, 2024 8:15pm
IAU has a slew of news forthcoming...a partner is to be announced on one of the properties which will help financing issues..this will be a takeover target ...AGI started the takeover season...many more to follow
Comment by
AlwaysLong683 on Mar 31, 2024 2:18am
If a company is cutting JV deals, it's unlikely they are looking to get taken out.
Comment by
Ridgeback on Apr 01, 2024 9:08am
Agree with Ninelives and from what I have read it looks like they are looking at a base metals company of size and the means to untilze IAU equipment and buildout. There may be some excellent synergies with the right partner on a JV vs dilution.