IBG 50.0% 0.3¢ ironbark zinc ltd

IBG Price, page-87

  1. 731 Posts.
    lightbulb Created with Sketch. 6
    Love reading the charts you guys post but will never understand them.
    I understand trading houses use technicals for their calls on commodities etc and that has bearing on general or overall markets. These technical trading calls can not hold back a fundamental deficit or surplus of a commodity for ever.

    IMO and it is only my opinion!
    IBG is not going to trade in any other way other than fundamentally.
    If we don't get a mining license. Then we lose (share price tanks)
    If we don't get funding then we lose (share price tanks)
    If Zinc doesn't perform none of the above happen and (share price tanks)

    On the other end of the fundamental scale
    Zinc performs as we think it is going to (share price rises)
    We get a Ming license and funding ( share price rises)

    IBG is a play on zinc, if fundamentally you feel zinc is going to perform then it is most likely a great play.

    I am all in on this company and am not in any way dissing your posts at all and enjoy reading them however just can't see how they relate to this stock?

    IBG will move big on news.
    IF IBG ticks boxes off then we will outperform the market.
    Also If the zinc price rises IBG share price will rise a little in hope of good news.
 
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