RE: apparently downgraded by BofA...BOFA HAH they are so down under I would not trust those dogs with any stock they downgrade. Big boys who downgrade means only one thing they are looking to get in cheap. First day they hit and buy back cheap to scare investors. When I hear a big boy downgrade you buy. They are such hedgers waiting to short the stock and then rise it back up and they know investors lap it up too, they are just as bad as downgrades of Gold Man Sachs and JP Morgan. LUN is best to sell of their Euro assets first get rid of them and keep the cream de coup for the big times. LUN no doubt in my mind will get other offers. I want to see who gets opportunistic and who waits out for Tenke. JMHO
INV Metals Announces Board Changes PDF Print E-mail
INV Metals Inc. ("INV Metals" or the "Company") (TSX:INV) announces the resignation of Mr. Paul Conibear, President and CEO of Lundin Mining Corporation ("Lundin Mining") as a director of the Company, effective October 31, 2011. As a result of his formal appointment as President and CEO of Lundin Mining, Mr. Conibear's increased duties will restrict his ability to devote the required time commitment to the board of INV Metals.
Mr. Terry MacGibbon, Chairman, stated, "The board of directors and management of INV Metals wish to thank Mr. Conibear for his contribution and leadership to the board and we wish Mr. Conibear great success with his appointment to President and CEO of Lundin Mining."
The corporate governance and nominating committee of the board of directors has begun a search to replace Mr. Conibear.