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Infrastructure Materials Corp IFAM

Infrastructure Materials Corp. is an exploration-stage company. The Company is engaged in the acquisition and exploration of mineral properties. The Company is focused on the exploration and development of limestone and precious metals from its claims in the State of Nevada. The Company's subsidiaries include Infrastructure Materials Corp US (IMC US), Silver Reserve Corp. (SRC) and Canadian Infrastructure Corp. The Company's limestone assets are held by its subsidiary, IMC US. IMC US controls over two limestone projects in Nevada, made up of approximately 70 mineral claims and covering approximately 1,405 acres on land owned or controlled by the United States Department of Interior Bureau of Land Management (the BLM). SRC has a milling facility located in Mina, Nevada on over six BLM mill site claims covering approximately 30 acres. SRC is focused on the Clay Peters Project.


GREY:IFAM - Post by User

Comment by Orwellon Apr 19, 2000 8:46pm
318 Views
Post# 1815503

Revenues good enough for me

Revenues good enough for meI'm only looking at revenues at this stage of IMF's life, there are just too many startup costs to build the infrastructure, too much intangibles to write down, and too much to spend on marketing. But once everything is in place a huge bottom line will emerge (pardon the pun). I also like Verticle Net (VERT), their market cap is still too low compared to their potential growth. B2B just emerged (again) within the last year, why would anyone not want to be in at the early stages. You may guess wrong at an entry point by $10 here or there, but there's no need to worry about getting it exact. Likely IFM is a bit slow and conservative, but it is a growth business, and that means it is hiring young people who can get in there, move up quick, and shake things up to internet speed and savvy. O.
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