GREY:PCCLF - Post by User
Comment by
moneymotivatoron Apr 11, 2010 5:36pm
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RE: Keeping their tinder dry?
RE: Keeping their tinder dry?yea timing is very important fosho, I do believe fertilizer prices will rise in the long term much higher than they are now and think the management will promote when the time is right like you said. No point in promoting when there is nothing to promote at this time especially at 40 cents, enjoy owning the Martison Project for FREE at these levels.
Yea the 60 m you speak of is 6% of a B so it is significant I would think, I think management is doing a good job of not wasting money even though it may seem like it cuz the SP has not risen and their has not been news. I'm sure relative to other non-producing companies the companies cash burn rate is much lower. However it has been over a year since their has been any material news minus oil and gas interest by management, so would like to know what IAMGOLD thinks of the companies niobium and maybe even see a bankable feasibility study on the Martison Project this year. How about you B what chew think?