Just to remind you that Iron Mountain is a company with substance and with great personnel at the helm. Keith Whitehouse was a head exploration manager and on the board of Oxiana Resources, while a number of IRM's current exploration managers have had years experience with the likes of BHP and RIO Tinto. This company is great hands going forward, especially with the exciting headline projects like Miaree and Mt.Richardson which both will yield extensive amounts of Iron Ore. Mt Richardson results should be through tomorrow or Friday at the very latest, with Miaree results to follow very quickly after that. There arent too many other stocks out there with as much key news and data to flow as this one over the coming week..
The reality here is that IRM has been oversold on significantly LOW volume which indicates that those in the know, and those that understand the full potential of the companies' projects are holding. The reason why i'm buying and will continue to do so is because this stock will see new heights and add to its undervalued market capitalisation.
From conversations had with colleagues and brokers, there has been substantial interest from the Chinese and Korean government to take stakes in the company to secure rights to all Iron Ore at production.
We will see this back over the 60c mark in the coming future.
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3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.001M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 39998 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 16090 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 39998 | 0.025 |
2 | 294000 | 0.024 |
2 | 113475 | 0.023 |
3 | 244772 | 0.022 |
1 | 49998 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 16090 | 7 |
0.041 | 31982 | 1 |
0.042 | 23255 | 1 |
0.044 | 111178 | 1 |
0.045 | 12458 | 1 |
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