If the new SLR uses IGR personnel to find gold, and doesn't permit them to interfere in strategic and day to management, we holders of IGR stock might have something to look forward to.
We've had plenty of raa raa from CC and his team these past couple of years, but the stock has languished and as an investment it has been pretty much a dead loss to holders.
I doubt if IGR on its own could mine underground without risking the company.
In this light, I can appreciate why Acorn and Baker Steel support the takeover, even at the savage discount at which SLR will obtain IGR.
IGR Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held