IND 2.44% 21.0¢ industrial minerals ltd

Ann: IMD Gold Transaction Update-IND.AX, page-15

  1. 606 Posts.
    Genki,

    I understand. I'm not saying pile in by any means - I'm currently agnostic on this stock, but there is a fair question to be asked about the assets acquired and the probability of these being highly leveraged to the gold price.

    So all I'd be hoping for is to get some debate around the assets and their potential. To be sure, I will overlay that with sentiments about previous performance of management and what I think they can achieve from my experience - but if we can't get that far then I don't think we've given the conversation justice do you? And perhaps we're throwing the baby out with the bath water.

    The question was asked simply because of your statement about 'Gold Mining for Dummies", given prior experience in Gold.

    Question being: is this a good asset? (Delete management for now)

    Cheers



    Gav
 
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