SDV 3.49% 41.5¢ scidev ltd

"i got out because i took advice that inl were run by scientists...

  1. 568 Posts.
    "i got out because i took advice that inl were run by scientists that didn't know the mining or business game."

    Doesn't seem very meaningful. Need to know who you took advice from to give it any weight at all.

    The trouble that Intec has been in is not because it doesn't know mining or business, but mainly because base metal prices have been sold down to unviable levels for most producers. Also because shares are being liquidated across the board and credit has dried up. Intec has a very difficult task raising capital either by issuing new shares or by borrowing. That's general, it's not about Intec individually.

    Also Philip Wood (M.D) is not a scientist; he is an investment banker by background.

 
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