June is almost here!And when I said June...................I meant June !!
In an interview in December Rick Rule speculated that gold would trade in the $1150 range for a while ( 6-8 months) and then it would move on up over the coming months and years. ( Now trading at $1,268) He stated he would be investing in gold related technology NOW while few were interested and look to maturity of those investments two or three years down the road. Well in keeping with my comments and information about investment in the "uberization " of mining...................... whether it is Rick Rule or some other big money, wise investor, someone will soon be involved in the most exciting thing that is happening in mining right now.
Is it Rick Rule ? Is it a mining giant that understands that their investment in a cyanide supplier is in jeopardy ? Is it an acqaintance of someone at the board in IML ? Someone "will" bite, or actually has bitten and we will get the news very soon. This bite will move IML to the same ???range ??? as ETI (.30) quickly, and then over the next two or three years, take your pick $1, $3, $10 ??
Some will ask............." well what does this have to do with IML" ie cyanide related business. Well it is this simple. These companies have been cleverly woven together to utilize all technology within both companies together. Every nickel of Enviroleach sold by ETI generates massive income for IML. Every HM-Xtract / HM-Xmill deployed requires some level of product from ETI, and around and around it goes !!!!!
It"s almost June!! Buy a giraffe !