From 40 cents to 80 cents and one of my few picks for the 2006 calender year.
And it is in good company with BSG and BDG which are trying to catch up.
Graph of IBR (STO=80):
http://bigcharts.marketwatch.com/javachart/javachart.asp?symb=au%3AIBR&time=&freq=
I would prefer a steady as she goes and picking up say up to 3 cents on each day for a couple of days before firing on all cylinders, I hope.
Next week, once more investors will be on deck, ought to be a better test of this IMO, very interesting stock.
Gerry
________________________________
WHAT'S THE FED UP TO WITH THE MONEY SUPPLY?
by Robert McHugh, Ph.D.
http://www.financialsense.com/fsu/editorials/mchugh/2005/1226.html
Comment: Yes, Bernanke is reducing value of debt by sharply increasing the money supply-as predicted previously.
Financial Sense mentioned that some time ago, the M3 money supply was running at a fast annual clip of +10%.
Seems that we are running between 15% -20% now.
Anyway, Bernanke can always blame Greenspan when things are going wrong.
We are in for a bout of price inflation; it is no use hiding the M3 data in March. However, the CPI and GDP are being falsified anyway.
No modern self respecting country will hide its M3 data.
The time has arrived when anything unpleasant is either falsified or hidden. Very little trustworthy facts come from the FED nowadays.
What must other countries think? And what will the US' creditors think?
What does all this mean for Gold and Gold Stocks?
I won't be selling mine!
Gerry
IBR
iberian resources limited
doubled share price in 5 weeks
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