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

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To: chicoman who wrote (119)6/7/1998 10:07:00 AM
From: robert b  Read Replies (1) of 422
 
seems the beginning of the end ...

why, unlike other normal companies, that the company in question doesn't have a press releae by now ? Two weeks of no trades ...
and forget the verbal stuff as that can and will be denied by phone...

the people quitting and complaining of activities is probably more than just late filing with the comission. in 4 years i think they had 4 different CA's doing the work ... very questionable.

and if the results ever come out, which don't lie...
verify the NEW NUMBERS for the fully diluted shares, the REVENUES, the NEW DEFICIT, the options that were exercised since the last time and during the trip to Guyana ! which we were all lead to believe good news, hence driving the share price up, ...

Some call it bashing, i call it due diligence ...

smart investor relation questions that were never answered or attempted such as ... At what price does gold have to hit to put any of their half dozen or so mines in production ... ever gold company can answer to that... and when is their lucrative TEAK plantation ready for cutting ??? few years ago you were all told soon, the OSC stated more like 20 years from now ! like i said before these are only normal questions to ask, and those who think that's bashing, well i'm sure even as shareholders you would like to know more answers. The financial statements will answer a few !!! happy investing
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