First when gold bolted from $440 to $470, they suspended for 3 days to make a placement at below market, and as the price of gold was tracking upto (and now well over $500) they sell the farm to the first offerer who comes along...And not only the first suitor who has turned up, but one who do not operate any mines and need GGN's mine management for the one project they have to try and mine. All of Iamgolds current mines are operated by others!
Am disappointed I chose GGN as my exposure to gold with the clumsily managed events over the last 6 months!
GGN Price at posting:
0.0¢ Sentiment: None Disclosure: Held
