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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 investor63on Mar 06, 2017 4:31pm
182 Views
Post# 25939846

RE:"Survey Says" Nothing>>>>>>>>> Sorry Investor 63

RE:"Survey Says" Nothing>>>>>>>>> Sorry Investor 63Hi Camsgold, Yes I thought there would be at least some interesting opinions on the future stock price of IML. I'm basing this on gold prices staying within the $1200-$1350 US range. Ill take a stab at it: IML- on March 14th , 2017 FORECAST PRICE: .25 CAD Reason: A rising stock price from last minute investors accumulating IML shares to get ETI dividend shares IML- On March 31, 2017 FORECAST PRICE: .35 CAD Reason: IML will buoy stock will positive announcement on a gold project in the US. ( Caveat: I also think that there might be weakness in the price for a few days after the spin off. Hopefully that will be short lived. It might be avoided as well if there is a "Good News" press release in or right before that timeframe.) IML- On January 1, 2018 FORECAST PRICE: .90 CAD REASON: At least 2-3 Successful partnerships / Deployments at US / Canadian mine sites providing free cash flow. Spanish IO Asset Valuation (NPV) increased due to announcement of JV tie up.
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