RE: RE: RE: if there is a pulse ..."everything starts with analysis of risk"
Any analysis of IBI HAS to start with their history. They started with a "billion dollar" vermiculite mine (exaggerated value if you ask me) and when they couldn't even sell the product during a world-shortage of their product one had to wonder about the abilities of management to get anything done. Yet all the while they kept pumping out their President's Pages full of wonderful insights and potential outcomes that NEVER came to fruition. Next thing they came up with hints about gold and even oil - we were going to be getting into the precious metals business. It took them over four years from when they first hinted at it until they actually started to do something about it. And even that was nothing more than getting a few exploration licenses. In the meantime, the "billion dollar" asset was generating next to zero revenues, despite it's supposed value to the world. Then they sold it after much negotiating whereby the company's masters were taken to the cleaners by Rio Tinto - how else does one explain giving away a "billion dollar" resource for a paltry 5 million dollars. That money was quickly tied up in a PRIVATE VENTURE headed by team IBI, no less. Is there a better way to screw your investors than to start a new private company and put everything of any value into it? Now we are a uranium prospector? Do you know it would take over ten years to develop a uranium mine, provided you were granted the right to do so - because the NEB won't just give a license to any joe blow who claims they have a uranium deposit to develop it? How's that for analysis? Because you won't find most of that on the IBI website, because they took down all the old information so you wouldn't be able to do any serious DD research on the history of the company. It's like an if you can't see it - it didn't happen attitude.