IBR iberian resources limited

agreed as a detractor of the merger I will be selling down my...

  1. 33,546 Posts.
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    agreed as a detractor of the merger I will be selling down my IBR, company is loosing the plot IMHO.
    There were suppose to be 3 drilling companies drilling this quarter for 15 kms of drilling according to last quarterly, I have not seen any drill results, why?
    Either the results are so good that management wants to buy more IBR before news release, the rigs are all broken down or the results are bad either way it suxs.

    I still feel they have good resources but management is not focused enough, also why no update on the CIL plant for stage 2 ?

    As for the merger why go into Cu when the USA housing market is colapsing



 
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