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If Gold goes up they usually all the miners go up. Its one of my dogs, I bought 300 at $6.40 and now its $3.15. I’m thinking buying 400 more now. It outperformed spot gold on an 8 day GLD overlay chart. + 6% versus 0% on GLD. And China national Gold takeover rumors a while back, but Canada might block that.
I also read…
“Biggest positive for IAG is the management thinks it’s going much higher. On Feb.26, 6 different officers exercised rights to buy shares at $3.77. You can buy at 18% discount to their price. Great drilling reports on website. I am buying back some of the 200K shares I sold at $3.56 last month. Gold is at or close to bottom. I will check out calls thanks to excellent advice from William.”