school is out, page-15

There's a few more positives than that sun.

Firstly the lack of shares available on the market (approx 20%)means when something does get released to move the price up it will move quickly,

2 of the worlds largest resource players hold majority shareholdings and hold tight.

Management has a lot os skin in the game and have bought at current prices in the past.

Some other interesting investors in the top 40 IE: Bill Patterson and Twiggy Forrest holding tight.

Greenland is a very stable jurusdiction to be investing in and are encouraging miners, IBG has already presented at conferences alongside the Government.

Deep water access ensures easy movement of stock from the mine.

Location is close to North America and Europe

Nice tax rate and accelerated depreciation schedule.

Metallurgical testwork has returned excellent results.

Easy to mine this deposit which should mean low cost mining techniques.


The deposit is 100% owned

Highest grade drill results art yet to be fully explored or added to the Jorc so plenty of near term upside.

Offtake agreement already in place with Nyrstar.

I'll stop there however remember what Warren Buffet says....be greedy when others are fearful and fearful when others are greedy
..
I'd say that fits this situation perfectly.