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AuRico Gold Inc. Message Board

  • bluelivermore bluelivermore Oct 25, 2011 4:17 PM Flag

    Will IAG buy AUQ?

    There is some debt to offset all that IAG payout from the African mines, and a ramp up into more stable political gold and silver geograhix.
    IAG says it is looking in North America. Australia is just as stable as N.A.. It is amazing that AUQ was able to even buy any Australian mines, as hot as the Australian markets for mining assets. What a great deal IAG/AUQ would be.

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    • "It is amazing that AUQ was able to even buy any Australian mines ..."

      You probably delirious.

      Are you aware of the new surtax Australia has popped on mining.

      Do you have any idea of the kind of GRAVEL mines AUQ has won?

      Just think AUQ shares were ~$14 and running just before the day it announced the "deal" ...


      • 1 Reply to oldeduc8you
      • The mining tax only applies to Iron and Coal. Be sure you read the news before you make stmts like that.
        What part of friendly political mining don't you like about, Aussie mining? Mexico is a lot more mining unstable than Australia.
        As the dollar glut builds, on Euroland Fed bailout with US dollars where do you think gold is going? Down? You spent 800 billion on the military last year alone, what part of military dollar glut forming don't you get that just on military dollar glut alone?
        Where do you think covertability is? On balance of trade technical level? You do get gold is being sucked out of the USA by a dollar/euro torando, right?

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