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IBI CORP V.IBI



TSXV:IBI - Post by User

Bullboard Posts
Comment by bjhernonon Feb 02, 2010 3:07pm
177 Views
Post# 16744821

RE: ir bulletin

RE: ir bulletin"Gary A. Fitchett, president and CEO of IBI Corporation, made an important point in the news release when he noted that if the Proposed Transaction is completed, IBI and its shareholders would then hold a significant stake in a financially strengthened Grey Crown. A solid financial footing would mean that Grey Crown could then perform significant exploration programs on its 11 properties and be able to make necessary improvements in Grey Crown's production and processing."

IF they mean to raise $5 million what is that going to do to IBI's "significant stake" besides make it less significant?
Bullboard Posts