How come people panic only after seeing this one area results. IMX already have 3 billions of under ground value of Ni. Holding over 20 mils of cash. No debt. Still running iron ore mine for next afew years. They are just drilling and not completed yet. there are more significant area drilling. Very profitable Mt.Wood iron ore mine JV is on the way. Anytime, it can pop out. The world economy is recovering. US, Europe, China and Japan..so on. The world need steel then Iron ore is essential basic material. Existing infrastructure, experiences operators and management. Why not wait for longer term. Today price, .073c is far way cheap.When people panic, you should be greedy. Time for accmulation game. Wait for 1 to 2 years no problem. Better return than investing in the housing market this stage. But DYOR.
imx reports drilling results from ntaka hill, page-8
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