IBERIAN MINERALS LTD V.IML

Technology and copycats

[pvandeloo]

How do shareholders know that the technology wont be copied... 

If it is the real deal it will be copied... 

Why should Iberian Minerals make hundreds of millons for a "simple" driving mill?

Seems far fetched. 

I remember Jobs introducing the Iphone and exclaiming: "and boy have we patented it". 

Didnt prevent loads of copycats, did it?

Again: If this is a play on technology, how do you know that you can monetize it?

[^side]

how did they get involved with vulture peak if it was on the ropes and why are original backers satisfied with their efforts if successful

[^side]

sorry apparently not satisfied

[newbertan]

My understanding is that creditors own the property and that we want to buy it. This is the so called low hanging fruit that Duane was talking about and i would think everything went as planned in the 3 month testing timeline. My guess is that the creditors see value here and want a little more cash. The sale will happen, just gonna be a little longer, all in a days work. I can wait

[^side]

thx

[newbertan]

My thoughts on this play are: They have groundbreaking technology and patents are in place. BNN thought highly enough of this technology to contact them to do an interview. Duane Nelson is a proven winner. The technology is at Vulture Peak for 3 months and performed well. Well enough in fact that the creditors that own the property want to squeeze a few more bucks from IML. IML

[^side]

maybe low hanging fruit is these share at. 06 without news