Navygulf,
Yes, i agree with your sentiment re IK however i have been burnt many times now by listed company's not doing thorough Due Dilligence.
Currently the gold price is down so i personally would like to see some figures on expected production costs for Norton.
Surely IK has not gone ahead with this acquisition without doing an analysis of what margins are there after production?
If he has done that then why aren't his shareholders being updated with that information especially in light of the company's current share price and if he hasn't done those figures then i would be very worried?
Allways enjoy your informative unemotional posts.
Cheers,
dapper
a perfect storm?, page-50
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