Something big is brewing. The last time I emailed Jonathan...

Something big is brewing.

The last time I emailed Jonathan Downes (back in October) he said that IBG had received further investment approaches, generally seeking mine offtakes, but they would want "compelling terms" to any further offtake agreements beyond Nyrstar and Glencore.

Now whether a 3rd party (maybe Chinese?) has met these "compelling terms" with some serious cash OR one of the existing major shareholders want to increase their holding OR a takeover offer has come in from left field we'll have to wait and see.

Trading Halts are limited to 48hrs hence why we're now in a Suspension from Official Quotation since it'll take 2-5 days for the full documentation regarding the major transaction to be released.

Here's hoping IBG's super-giant class zinc resource pays off bigtime for all holders. We haven't even got to 2010 drilling and the bank feasibility at the end of the year for things to finally heat up.