IBG 50.0% 0.3¢ ironbark zinc ltd

IBG's timing is perfect.., page-32

  1. 15,711 Posts.
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    What ALK and IBG have in common is they have taken an inordinately long time to deliver.
    ALK also took of the order of two years more to deliver their ML than was promised. Unfortunately they are taking another two years to get to financing.
    I did say I had some experience in investing in mining. So if I had a number of other mining Co's who didn'd unresaonable do that would I not call them out? Think several gold miners.
    In IBG's case my problem is the chance of missing the Zn window through the delay.
    In ALK's case its a MD who had a mine unable to proceed because of inherently low REE prices that stops the mine proceeding at this point. That was a problem for IBG too.
    I've got as much of each of the stocks I want and have had for a while.
    Conversely I laud ATC for moving adroitly and PEN for getting their mine running with a difficult but prospective U price.
    Did I not point out recently the need for diversification?
    You've got 17 posts up there.
    Last edited by arsenic: 18/08/16
 
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