Post by
JDavis17 on May 09, 2018 10:26am
The unfortunate truth
IBR sits stagnant near the 52-week low as everyone else powers higher.
Sell out to Velvet, or let Velvet take us over in a reverse takeover so they can go public. I would take shares in the combined company, or cash. We don't need to be paying a seperate management team to drill land that Velvet either surrounds, or already has an interest in.
IBR will never amount to anything on its own, as their land is too fragmented. Shareholders need to face that fact, as the market has already made its decision.