The mergers & acquisitions space is heating up. The big producers are making serious coin & the anticipation of a gold bull market shaping up in 2019 is stoking the deal-making fires. The scramble is on to shore up more oz's.
The RMS move to takeover EXU, and the SLR / DRM merger announced today are two cases in point.
We have a resource update (Anthill), a maiden resource (Binduli), and exploration drilling (Blister Dam) all to come in the near term. IRC will be coming sharply into focus as a takeover target.
IRC Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
