RE: DR FX"'A sound prescription Doctor' ! Are you from the UK? Please remind me what 'fortnight' means. Thanks. FT"
Yes, I am from the UK - a fortnight is an old English phrase meaning two weeks or "fourteen nights"...
From what I can gather, there isn't anything standing in the way of a drill programme now, bar the weather in Brazil:
1. All land/air surveys completed and targets identified for drilling
2. Land claims are at long last secured in the way IIE are happy with
3. Management are in place and in sync with Fipke's way of working
4. Private placement at 5c creating downward price pressure now completed and working capital raised
Anticipated and logical next steps for IIE:
5. Release sample results obtained over the past few years to generate interest (next week?)
6. Announce drill programme for April (hopefully), with slippage May (mid/late March?)
Drill results are obviously what the long term investors are in for, but price appreciation should be pretty good by this point if all goes to plan, assuming sample results are good and drilling programme isnt delayed too much.
With a bit of luck that will be the last we see of sub 10c levels! Onwards and very much upwards hopefully!
Have a good weekend.