sp, I am in about the same boat as you relative to exposure to IAE.v and other resource/precious metal stocks. I also have a sizable China small cap exposure, so I probably have somewhere around only 10% of my portfolio in U.S. equities. I don't think IAE.v will buy a company, I think they will buy assets where they think they recognize hidden value for the price. I agree that most M&A deals result in the stock price of the buyer declining somewhat depending upon the purchase price, but that does not always happen when just assets are purchased. Not knowing the timing or details of any deal, I know I don't want to lighten up before the next Stella resource announcement, and that may come before any acquisition, so I am not selling any IAE.v.
tmcal6
