Remember this short post of last week, the persistent rumour picked up by this desk that IAMGOLD (IAG) (IMG.to) and Kinross (KGC) (K.to) are in merger talks?
And now this news today, all of a sudden IMG is deferring on Coté Lake? That the thing is a dog of tremendous proportions and over-hyped by the company for years is not the issue, the thing that’s screaming at me here is the timing. Pimp that deal.