Post by
Luke555 on Jan 23, 2021 7:55am
REWARD SHAREHOLDERS
Is it time for the company to make an announcement that they intend to declare a dividend at the Shareholders Meeting in February? The company is in a very strong financial position, and is sitting on nearly 1B dollars in the Bank and millions of available dollars of untouched lines of credit. Moreover, we are in a rising gold price environment and the company’s cash flow position continues to rise significantly quarter after quarter. The company can easily meet its ongoing obligations of its construction and exploration expenditures. The shareholders have been languishing in no-man’s land for the past several years and it’s time to move the share price upwards. If the BOD were to make the announcement that the company intends to declare a dividend, this would have an immediate positive impact on the share price. And would let the world know that were back in the game. Moreover, this decision would level the playing field with our peers, BTO, Yamana Gold and Kinross because these companies already pay a dividend and look after their shareholders! It’s time for decisive action on the part of the BOD and show that they really care about its shareholders!
Comment by
VicesVertus2222 on Jan 23, 2021 7:37pm
What's your price target for IMG in the next 3 months and 12 months?