Shabandri,
interestingly enough, i think that it is due to the locale of the deposits - Greenland. IBG will have a first mover status if infrastructure build takes place.
Their resource figures are large but one needs to take in account the costs to extract the resources. IBG will have to build everything from the ground up and have a higher CAPEX cost. However, having said that, it is a firm that i have been watching too. My current need is to look for Gold and Uranium companies.
Also i would like to reiterate that my view on OVR is LONG TERM. In the current climate, this refers to 6 months - 2 years. We will have periods of consolidation and volatility till then but my share price targets have not changed.
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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0.4¢ | 4999999 | 1 |
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14 | 14451574 | 0.003 |
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0.006 | 5133692 | 9 |
0.007 | 8059997 | 3 |
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