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Gold/Mining/Energy : IBI CORP IBIC (CDN) -- Ignore unavailable to you. Want to Upgrade?


To: Stocker who wrote (46)3/29/1998 9:23:00 PM
From: robert b  Read Replies (1) | Respond to of 422
 
good question, but it seems anytime ANYONE has a good question the people on this thread seemed offended and Head Office just fume
with anger.

A good investment related question ... they have a few mines or options for a few whatever in the last 2 years, Timmins, Ghana, with ATAPA , etc. Now the mines are on hold because gold is down. Well the mines were on hold even at 350$ US. Does anyone know at what price of gold that their BEST mine is set to open ???

And 2 years ago to get listed on the TSE they were only missing a $5,000,000 asset. They got that long time ago . So, what's the next step?

These are no put downs, just reasonable questions.



To: Stocker who wrote (46)3/30/1998 10:54:00 AM
From: Round Table  Read Replies (2) | Respond to 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