Will it ever get built?, page-58

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Berger978456

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10/10/17

12:03

Post #: 27788658
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Originally posted by mogwaibob ↑

The current price of zinc is a result of supply and demand.

Keeping it really simple, the high price = strong demand for zinc = good chance of favourable finance terms for ibg and a move from explorer to producer.

I think the poz is very relevant to this company.

To say the mine could have been developed any time in the last 10 years seems strange as well. There has been a large amount of work to get the permitting done in Greenland and its taken many years, culminating in the granting of the licence last year. So ibg has a green light to move this project forward from the government of Greenland as of late last year, which it is doing.

I've done a lot of research and I've spent a long time watching Greenland try and get it mining industry up and running and I believe that soon it's going to happen, with ibg being a significant player. Obviously there is still a significant amount of risk, which if fitting for your tolerance represents what I see as an amazing opportunity. I welcome contrary opinions but honestly can't see why some on this forum are invested in ibg, if you lack conviction many safer places for your hard earned $$.

Anyway thats my 2 cents worth for today, as always aimo and please do your own D.D.

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Thanks mate...much more considered response than our young friend yachty....

IBG Price at posting: 8.6¢ Sentiment: Hold Disclosure: Not Held
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Will it ever get built?, page-58

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