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10/09/08
00:12
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Platinum prices now at $US1,250 from a high of $US2,300 which was only 2-3 months earlier
Would this be the reason why nothing will happen to IGC... I mean the valuation on IGC will e much lower now than what it is 3 monhts ago.
NKP may be playing a smart game and are waiting for this correction to worsen and take out IGC for next to nothing...
"Its in motion...its in the pipelie... etc" were past claims on IGC. Maybe this platinum correction is going to do more damage than thought.
If something was in the pipeline going back say 4 months then management is to take the blame for not doing anything sooner.
Lets see what happens
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