A1M 7.06% 45.5¢ aic mines limited

exploration activities suspended

  1. 24 Posts.
    BRISBANE, AUSTRALIA--(Marketwire - July 20, 2012) - Intrepid Mines Limited ("Intrepid", the "Company") (IAU.TO)(IAU.AX) advises that its Indonesian joint venture partner, PT Indo Multi Niaga ("PT IMN"), without prior reference to Intrepid, has suspended operations at the Tujuh Bukit Project in East Java Indonesia beginning immediately. PT IMN has requested several members of senior management, including all expatriate employees seconded to PT IMN from Intrepid, to leave site and this has occurred.

    What a kick in the proverbial this is!!!!
    IAU.TO is down 38% to 38 cents
    Hold on to your hats shareholders, and our market has to wait until Monday.



 
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