IMA 0.00% 7.7¢ image resources nl

Despite the fact that Sandminer's comments are often a little...

  1. 632 Posts.
    Despite the fact that Sandminer's comments are often a little erksome in regards to IMA, I think he is spot on in this case. There is no doubt that IMA has a solid resource, and the other comments are all valid re the growth potential. But until some sort of plan to get to market is released there will be a continued decline i fear.

    I posted my concerns when it broke a key support level at 70c and I now post the same concerns about the 40c mark being broken...albeit on low volume.

    Yet, like you guys, I continue to hold.....though with growing concerns at the apparent lack of concern being shown by management. GFC aside, the SP has gone from a high of 2.50 to 38c without any negative news from the company being released.....on the contrary, the in ground resources has grown by an equivalent factor......


 
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