The heat has gone from this stock:
http://bigcharts.marketwatch.com/javachart/javachart.asp?symb=AU%3A+IBR&time=&freq=
With STO=69.7, there ought to be a solid base and if I needed cash, I certainly won't be seling too low.
IBR is now well ready to make further progress if the market so desires.
Next week, once we have some heavier trading, we may get a more realistic picture.
Sofar, BDG and BSG have shaped up very well and I hope that their companion IBR can show them what he is made of.
This could perhaps be one of the very few opportunities available to top up; once the IBR train leaves the station, it could be difficult to catch, IMHO.
Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks.
IBR
iberian resources limited
The heat has gone from this...
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