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Gold/Mining/Energy : Precious and Base Metal Investing

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To: loantech who wrote (205)10/17/2001 10:47:26 AM
From: russwinter  Read Replies (1) of 39344
 
Speaking of discoveries, IMR:
biz.yahoo.com

Now before people hurry off here to "take profits" on this one, consider: There are only 16.5 million shares out, so at 60 cents, that US$6.3 million. They have a million cash, EV is $5.3 million. They have ONE HUNDRED PERCENT of this target, AND, they have two prospective Argentine JV projects with RTZ and ABX.

I can't tell you what this absurd market will do with this stock, but these prices are not reflecting much of anything!

I know what's coming next, people will say, "Well it's not a big deposit yet" SHIT!!! They've only drilled fifteen shallow holes!
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