IBR iberian resources limited

Looking at Celtic, its hardly their sort of thing. They've got...

  1. 14 Posts.
    Looking at Celtic, its hardly their sort of thing. They've got enough to get on with anyway.

    Anyone know how many holes IBR have actually drilled in Armenia? I keep hearing that they havent actually drilled any there yet (relied on Soviet era data?)but can this be right? If so what would celtic be buying?

    Melallurgical types tell me that a gravity circuit is really not the optimal choice for this sort of ore and that recoveries will be lousy. Anyone have a view out there? It seems that they havent yet poured any gold . Should we be reading anything into this? Does the lack of operating expertise within IBR have anything we should read into this?

    Great orebody, but what is happening out there?
 
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