IRN 0.00% 29.5¢ indophil resources nl

Have thought about that UMC, but that is factored in at this...

  1. 1,746 Posts.
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    Have thought about that UMC, but that is factored in at this price and extremely unlikely considering Xstrata purchased 20% of the company and bid $1.10 only 6 months ago.

    Definately a major shareholder selling down, possibly wont be developed in the next year, definately a multi bagger when the major finishes.

    Even at current depressed copper prices the mine would be profitable, not to mention the gold exposure.

    thats why I say DYOR
 
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