what some folks need to understand imo ... , page-53

commando74, Former UK Prime Minister Gordon Brown sold 60% of the UK's gold reserves in the early 2000's, at an average price of US$250 an ounce, and we all know what happened to gold after that for the next decade, and you are right, Keating and Costello did the same thing, selling at rock bottom prices.

Anyway I think we are wasting our time here talking to bigbillbrown. He clearly knows nothing about the company, or the business world for that matter, and is just an angry troll.

I mean, look at Intrepid selling the Paulsens mine to NST mid 2010. That took the company from being a penny dreadful trading at around the $0.05 mark to over $1.50 in just two and a half years, paying its first dividend in 2012, now trading at a respectable $1.15

But bigbillbrown claims companies only sell junk assets and that 'perhaps its not cash generative at any meaningful level'. Perhaps? Wow great research there, bigbillbrown. Really meaningful contribution. Care to actually do some proper research on that and back up your claims?

...and what has happened to Intrepid over the last few years? Peaked at $2.40 in 2011 and now trades at a miserable $0.26

Bill, you're just someone who doesn't have the cajones to throw his hat in the ring. Scared money never wins.