dacata - i just had another look at the background and experience of the board and senior management and this convinced me to stay in. I am willing to take a punt on the fact that the people know what they are doing and conserving cash until they know they have a target worth drilling.
I just wish they would accelerate their exploration on Cu targets - they metal price seems to be sustainable above $8000/t. Lead and zinc aren't looking too healthy at the moment.
There are worse dog stocks out there and as I will hold for at least a year. If I have spare cash I will accumulate further.
ivanhoe australia to list , page-3
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