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IBERIAN MINERALS LTD V.IML

"Iberian Minerals Ltd is engaged in the exploration and development of mineral resource properties."


TSXV:IML - Post by User

Comment by trump427on Apr 04, 2015 4:01pm
224 Views
Post# 23597342

RE:Iberian looks great........BUT

RE:Iberian looks great........BUTThe UK based Hooley is also the CEO of Anglesey Mining plc, listed on the London Stock Exchange, symbol: AYM that trades at 1 pence, down almost 40% during the past year. This company owns 15% of the defunct Labrador Iron Mines in Canada. 

From the looks of it, Hooley should be giving the last rites to Anglesey as well.

I understand that Iberian wanted representation on the board from the UK to promote its efforts on getting an AIM listing.  Last spring, Iberian also appointed a new UK chairman of the board  - Jonathan Morely Kirk, who is a financier and former CFO & chairman of Fox-Davies, the brokerage firm that promoted Iberian's AIM listing.

I do know the attempted AIM listing was a complete failure.....an expense one at that. 

I serioulsly doubt any funds have been raised abroad.

If Iberian's model is to treat their board as a holding paddock for non-performing foreign excutives, they are definately on track.

I am a long time shareholder and supporter of the company, going well back into the Solid Resources days. I have attended all of the company presentations in Edmonton during the last three years and speak often to mgmt. I like the story.

But seriously guys, smarten up! There are a lot more pissed-off shareholders out there besides me.



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