Ann: BUX: Buxton and IGO enter into 3 interdependent transactions, page-3

Absolutely no rush.
It's cost efficient for larger companies to let smaller CO's do the exploration since they don't carry the overheads and are careful with the dollars.
Later when financing of a mine is approaching they can T/O the smaller on with access to cheaper debt and having a higher P/E ratio scrip themselves be earnings accretive. OZL has been busy doing it to everyone else and acting like heroes but the worm just turned.

The beauty of IGO and the fact that it's lasted so long is it's stayed in the corridor of uncertainty with moves like divesting the gold and buying into Tianqui's assets and WSA at the right price. it may still not work in a buying frenzy but getting all those analysts out to their operation pre- D n D and explaining exactly what's going on has been further a good move.


All IMVHO.