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matt24d

11/16/14 6:28 PM

#331394 RE: AugustaFriends #331390

The thing with IAG that I really like is the fact they just sold their niobium mine for 500 million. This puts them almost debt free. Per the terms of the agreement they have to either pay down debt(CEO already said they were going do pay some down. Or they needed to use the money to pick up new assets and the CEO said they were looking at some stuff. They have a ton of cash on hand right now.