EGO deal to buy ICG -
My comment: I think (and I hope) this deal falls through because I think Integra Gold (v.ICG/ICGQF) can do much better. The market seems to be betting that it will fail since ICG has fallen back from $0.84 to $0.73 losing much of the buyout premium. And with EGO plummeting, many ICG investors would be taking a big hit if the deal was approved. The problem is that EGO has some real problem properties in Greece, Turkey, and Romania (all bad jurisdictions for mining) and it has caused the EGO share price to drop from $C5.00 when the deal was announced to C$3.85 today. I do not think ICG shareholders, myself included, will approve of the deal.
