great finish, page-4

Hi jaded, I don't have you or claws on ignore ;) I'd tend to agree with your first point about ZFX I just can't see it at all. You know I disagree with the second, as I've posted about what happened with Maccas and NMS and I see the potential for the same to happen with INL

UNLESS INL drops back below 8c, MBL would be stupid not to excercise their options (do you agree??) When they do, unless they sell them on market immediately, they will have to release an initial substantial holders announcement... Don't you think that they are smart enough to know that when they do this, that the sp will rally, of course they will not sell immediately (even if they do in fact intend to sell!) they will wait till the macquarie factor takes hold and the sp rises significantly and then (if they intend to sell) they will do it, and if they believe in the prospects, they won't.

As for the term penny dreadfull... this is a generic term, some companies fully deserve the moniker, I don't believe that INL does... I've posted my chart I've said what parameters the stock can move in and remain in the long term upward trend channel, INL is still within those parameters.

I fully agree that some of the "positive" stuff posted on INL is complete crap, or has no substance, however it seems you largely ignore that and concentrate on the things that are in fact the most credible (the ZFX excluded).

Yes my comments on MBL are speculative, as are any oppinions on the prospects of the technology. higher risk equates with higher reward... IMO the downside from here with INL is actually quite limited... I am very risk averse, I wouldn't have invested nearly 10K into INL if I thought it was a high risk play, I normally don't invest more than $1500 into stocks that I consider high risk).

As I've said before I believe (though don't know for certain) that the polymetals JV side of the business is undervalued, this should be apparent come Sept when the full year report comes out. I gave up long ago trying to work out EBITDA estimates, there are too many unknowns... Until the yearly comes out, any sort of valuation based on projected revenues is IMO nothing more than an educated guess.

The INL forum to me is sounding like a broken record.

IMO those who want a quick buck should get out now and take what profits/losses you have and find something else... I can't remember what I said before based on my trend channel, but I think it allowed for the price still being around 20c in July though it would be right on the bottom of the trend channel.. this would allow for upward movment (perhaps based on the 4th quarter report prior to yearly being released) or a break down should the news be unfavourable...

For those who don't go chasing quick profits, I still believe that INL is a very good long term hold (12 months minimum, with 3 years being my estimate for a very good return).

As I have said plenty of times before.. If you are a short term trader, stay away from INL.. if you are a contrarian trader/investor then I think INL is a great buy at the present level for a medium to long term investment :) (but be prepared for volatility, and seeing your investment in paper loss at times on the way to being in profit)

Those with any doubts should probably wait for the Yearly report, though there is no telling when or what will be the trigger for the next upward movement of INL.

In answer to some of the other stuff posted earlier. Yes there have been delays with the BFS, this is normal for INL, anyone following them for a long time will know this. The steady state on the BDP was delayed more than six months from what they thought it would take, the sp suffered as a result (but then the Polymetals JV came along and all was forgotten) I think we are seeing a repeat of what happened before, people are growing impatient, delays must be bad, the longer the delay the more likely it they have failed, better get out now while we still can, don't want to see the sp dive 50% yada yada yada (The ironic thing is that it is because INL doesn't take stupid risks, that they delay things to make sure it is right.. A strategy so sadly lacking from most companies, who would prefer to save face and meet estimated timeframes (and have everything go horribly wrong) than lose some face because they got the estimate wrong, but in the long run be 300% better off because of it) ... I was banking on this sort of sentiment last year to get in at a low price (around 6c) but it never happened.. the stallwarts held, and eventually the price rallied... I believe that is what is happening again now.

Cheers,

Tony.