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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

Bullboard Posts
Comment by LuvMyGoldon Mar 10, 2005 2:57pm
69 Views
Post# 8731165

mmendes

mmendesAgain, thanks for that additional information and analysis! When I went back and reviewed the previous NR's, it was in fact 20 infill holes(not 6 as I had erroneously recalled -my apoligies for that) planned for commencement in February. If I may, with respect to your analysis: 1) A resounding 'YES' for me as well(D-P property potential) 2) A wavering 'MAYBE' for me(long-term success -see my #6) 3) A hopeful 'POSSIBLE' for me regarding the Mexico property 4) A "MAYBE' for me, however, keep in mind that 10mm oz. silver is not a very large or significant find. Look at Oremex (v.orm) which has 40 mm oz silver and trading just under a dollar. Look at v.IMR which has over 200 mm oz silver(with possibly a billion ozs with further drilling) in Argentina, trading under $4, but for a number of other reasons. Bottom line, I don't believe that the Bear is all that great a prospect in the larger scheme of things. 5) 'NO' also.(kimberlite pipes) Here's a #6 6) Do I believe that SRW can be successful under current leadership - A very Solid(no pun intended)- NO! But there is always hope that changes can be effected. Respecting your "Risks", certainly, finances are the key, we have to be able to raise capital through equity financing, and to do that repeatedly and successfully, we must have credible management or its game over.
Bullboard Posts