IBR iberian resources limited

green mail, page-49

  1. 257 Posts.
    There are no longer any "frothing punters" left in IBR Robo, most of them are probably in the tmr camp by now.Only ones I see are small and large long term investers who know only to well and appreciate the true value of IBR resouces secured by their money.
    Ibr has huge gold resources, is fully funded [ 9m$ coh]and now producing gold. Woods promise of ramping up to 250,000 oz per annum in 2-3 years seemed realistic , thats a net profit of 100m$ per annum on present gold prices, all this we were assured to be delivered without further s/h dilution from coh, gold production and debt funding. With industry forecasts for significant future gold price increases, IBR does not need shackling to a future copper producer with copper now at unsustainable world record copper prices that can only fall.
    As for IBR directors selling out the loyal long term IBR shareholders, ask them why they aren't delivering on promises and why they shouldn't be sacked and replaced with EXPERIENCED MINING PEOPLE who know what they are doing and can deliver.
 
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