OTCPK:IEMMF - Post by User
Comment by
HDP18on Jun 23, 2004 2:08pm
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Post# 7641054
RE: the value
RE: the valueI agree. Based on management, outlook for Copper and base metals overall this stock -once the merge goes through should do much better. I expect it to become interlisted before long to increase the company profile. Also, it is now the perfect size with AUR to be an acquisition target by the big players. At the present level it is in a range pattern similar to tek.b. It will move closely with base metal prices. At 20 it reflected a copper price of almost 140 and had to move higher with the sector. Now that copper has backed off to 119 IMN is still hanging tough and making decent coin in the meantime. I really think its a winning combo IMN/AUR and will push this new security to 24-30 in 12 months if global metal demands continue. Supply takes time to come on stream. Look at Voisey Bay..