What did everyone think of the conference call?
I think it was very open and left no questions unanswered. A few points that got my interest. When cornered regarding direct investment negotiatons concluding the answer was not in the next few weeks. More explainations about their Indo partners taking forever to work through page by page but assurances that this has priority and will be successfully resolved.
BG said this is the largest undeveloped gold copper resource in the world that is not owned by a major. He also said that Intrepid are looking at other potential investments around the world.
Intrepid are a mineral exploration and development company.
Would I be wrong in thinking that they are already planning to sell this resource to a major once it has been derisked. Why else would they be looking for new investments?
If this happens this sold down stock will become a multi bagger.
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What did everyone think of the conference call? I think it was...
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Price($) | Vol. | No. |
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