Another junior acquisition
posted on
Dec 11, 2008 05:31AM
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Another junior acquisition has just been announced.
OZN is being acquired by IAG for CD 0.49. Too cheep, but relative to current level a nice gain.
Perhaps the acquisition of juniors like OZN, gets the focus on the sector growing stronger. It could raise the attension of TYHEE too and attract more investors.
PS: By the way, have you noticed how fast the disaster hit Iceland. Basically over night the inflacion is approacing 20%, rate is 18%, currency is devaluated by 50%, no free trade, no free money flow.
A DISASTER FOR THE ICELANDIC PEOPLE, had many of then just owned some gold.
Euro.