I especially love the Iron Mountain tenement, which gave the highest grades last month, from which we saw massive SP gains.
I would like IRM to obtain the other 3/4 of this BIF area from their neighbour MDX.
It would be great for IRM shareholders if it happened soon, as MDX (at 1/3 the market cap of IRM with 3x the resource) will be announcing iron results soon.
We all know how IRM SP ran of their sample results, so its kind of obvious that a few hundred meters away the same results will be announced by MDX.
Lets hope IRM can pull of this takeover soon before many of the wise IRM holders figure this out and sell their IRM and buy MDX instead.
PBX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
