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


To: Frank Moss who wrote (107)5/30/1998 2:39:00 PM
From: Doug Heuring  Read Replies (1) | Respond to of 422
 
Frank and all ibicers

nice post at cw, thought you would enjoy

Posted by Cmon on May 30, 1998 at 11:16:06:

Don't you people get it? This company is focusing all
of its energy on the TSE listing, which it will need to
have significant acceptance in the more mature business
community. They don't care about the CDN nor should they.
When this stock hits the TSE and has the backing of a blue
chip engineering report and several credible market makers,
brokers, and institutions, all of you twits that sold
because of some clerical error on their CDN filings are
going to feel like the monkeys' asses that you are. If
this is enough to concern you as an investor, then sell
your stock and step aside and let the smarter investors
make the serious dough. Have all of you already forgotten
the importance of the recent announcement? They have a
world class deposit in the range of over $1 billion US (probably
a helluva lot more). The current market cap of the company
is under $12 million (yes, that's million not billion).
How long do you think a company with $1 billion in reserves
is going to sit at $12 million when it hits the TSE???
And guess what? How much more news do you think IBI will
release BEFORE the TSE listing? Answer: nada. Look for a
flurry of news AFTER the TSE listing when people will actually
be listening and the news will have the greatest impact.
Do you think IBI has been sitting on its ass to get the Ugandan
phosphate project? NOOO. And what else do you think
they have been doing? :) We'll find out AFTER the TSE listing.
And what do you think a multi-billion dollar timber deal in Guyana will
mean to the stock after a TSE listing? :) Cmon people
wake up. WHO GIVES A RAT'S ASS ABOUT THE CDN AND THEIR
PATHETIC REQUIREMENTS. The only problem recently is that
I can't BUY any IBI until it starts trading again. Frankly,
I hope you all sell so I can pick up shares in the .08-.09
range. Sorry suckers. The weak will fall and the strong
will profit. When this one moves it will be awe-inspiring.
Later.