My guess is no, Barrick will TKO IGR before end of 2008 IMO.
Remember IGR has been "marked" by the alpha dog already. If Red dales proves up I reckon barrick will move quickly and make an offer of IGR even more quickly if Borthanna proves anything up.
Why would barrick wait and pay more? They may as well TKO at sub $1 and add to their resource base.
The other scenario would be to let IGR move the plant and start production but in the growing gold bull market I don't think they will wait that long.
We'll see, all good either way.
IGR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
