Hey Toppgunn, what do you think about IMG looking at ARZ as a takeover target?  AZR appear to replish their reserves year over year so they have staying power and with $200 million on hand and with a mine life of about 15 years (based on known reserves) and solid cash flow performance, IMG just might take it out.  What are your thoughts on this?


P.S. I sold most of my position in ARZ but still holding on to a smaller percentage in the event there is a positive surprise.