They will be down due to the lower gold prices. But IAG has hedged against the lower prices. And it is trading at about 38% of tangible book value. Looks pretty cheap. But then, #$%$ knows?
Thanks for the heads up. I hope earnings a re good.
They will be OK. But there will be no cut in the dividend. IAG has plenty of cash flow and cash to cover 0.0625 a share. IAG is getting noticed as a strong buy today.