TSXV:IDI.H - Post by User
Comment by
1GOLDFINGERon Jun 08, 2016 10:28am
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Post# 24945900
RE:RE:RE:RE:Management= so important for the success of a junior
RE:RE:RE:RE:Management= so important for the success of a juniorI also have some past scars. I'm pretty sure this is not one of those co's that will go off the radar after all they will have some cash left over I guess a good question to ask is how much debt do they have less $6M US = IDI debt free with X $'s in the bank. + when will the Irmin actually go into production? 2018, 2019? 1.5 - 2 - 3 years from now? That will definitely be cause for celebration at $1M + - per month. That holds some serious future value.
Question is the short term can/will they snap up a couple properties to give this Norsemont potential? What other possible direction might they take and will your 1 share still be worth 1 share when that happens. That is the 50/50 gamble now. As for being burned i think that won't happen but will we need to get a serious haircut is my one concern.