re: Ann: IronClad on Target with D.S.O. from ...
Just heard Ian Finch on BRR.
He stated they are close to confirming several million tonnes of DSO resource and that they had a management meeting yesterday and agreed to hire more staff to cope with meeting their target date of 3rd qtr next year.
He said the feasability study is near complete and they are on track for 3rd Qtr 2010 production. He sounded very confident.
Do people think that the day before production would be a good time to buy IFE with the hope that it is still 40c.
It amazes me how fundamentals are not priced in against the risk factor until the herd get in and of course premium price is paid.
TYX Price at posting:
38.7¢ Sentiment: LT Buy Disclosure: Held
