Five year lowIFR has good management, property revenue, assets and future in the NWT Alberta and Montana. Tom Boswell doesn't want to dillute the stock which is a bonus on financings at these low share price levels. However one run every 6 years is a disappointment and frustrating as an investor. Tom Boswell in his latest letter to investors said Norman Wells area could pay off in 3 to 5 years if the land gets economical and commercially developed into a area play is far to long. Its been 8 years since its been 2 dollars. As an investor you would like to see a better return. I would like to see them ramp up selling a portion of there Norman Wells position and use cash to buy REAL WORLD producing wells the can be used as revenue and produce cash flow. The stock spiked with the Montana investment in 2011 and possible royalty play but it seems that is long forgotten and hasn't given them any revenue they expected from buying land. IFR spent millions on the fourteen thousand plus acres in Montana with no revenue until a company drills on there property or in 2016 when they take the drilling rights for themselves. Why would you buy something that is going to sit there for years give them no income when there are nearer term opportunities that could give the company revenue. Im not suprised at the volume today and seeing the company reach a five year low at the close. I am long on this IFR and have been for years and see a huge win if the Norman Wells canol shale area play plays out however I am frustrated with the years of no returns and gains only in tax loss season when I sell for income tax purposes. I can see why people are throwing in the towel at these levels.