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Gold/Mining/Energy : IBI CORP IBIC (CDN)

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To: Stocker who wrote (46)3/30/1998 10:54:00 AM
From: Round Table  Read Replies (2) of 422
 
Hello All:

If its ok, I would like to give you my $0.085 cents worth.

IBIC has interested me for the following reasons:

volume and liquid trading, small market cap apparently for the amount and or quality of projects that IBI holds, Strong Advisory board, and
an interesting President. On the negative side, poor share structure coupled with "clouded" particulars on the projects.

Simple: I feel IBI needs a arms length third party such as a respected brokerage house analyst to state that this company is a buy.
The break down of the net asset value coupled with debt is needed to justify a higher market cap. If the market hears about this type of positive report, then you should see some type of price rise to a new level for this company. Just my opinion.

Cheers,

RTM
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