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IBI CORP V.IBI



TSXV:IBI - Post by User

Bullboard Posts
Comment by bjhernonon Apr 09, 2010 11:28am
238 Views
Post# 16974289

RE: RE: RE: talk about frustration here ! (bj)

RE: RE: RE: talk about frustration here ! (bj)lovehci - WHAT shareholder value do you see?

I don't see any - and there hasn't been any for years, since long beore we sold off the vermiculite mine to chase dreams.

UNTIL IBI can put a drill in the ground and come up with some solid assay results - there is NO value to the company.  Having a plan to make a plan to plan to to propose an arrangement IS NOT shareholder value.

Do you know the real value of IBI - check out the financial statements on SEDAR - they will tell you that IBI had a negative shareholder value of $ 15,765,927 at the end of Septemeber, 2009.  That's a lot of money to make up before IBI can even think about having a positive shareholder value.
Bullboard Posts