The recent price action with IBR and TMR was actually lead by IBR breaking out of 77c and on into the 80s and beyond. While this was happening, TMR were sitting still at around 22 - 23c, and only very recently have broken that barrier. Don't get me wrong, not complaining, I bought IBR at 52c :) :) - just wanted to get the facts straight regarding the parity and who's leading who up. No doubt that TMR had a lot to do with the recent breakout, but it was IBR that were out of the blocks first. Nobody knows what will happen if and when the merger doesn't go through, I'd say that IBR have a few announcements stored up tho, the company hasn't provided an operational update for some time. This alone could see IBR over $1 - any predictions about 70c or lower seem a little far fetched, but it's happened before. For me anyways, IBR is a bloody goldmine :)
IBR
iberian resources limited
