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Iemr Resources Inc V.IRI

Metals & Mining Industrial Metals & Minerals
IEMR Resources Inc., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company holds a 100% interest in the Pine Tree copper-molybdenum property located in the Pilot Mountains in Mina, Nevada. The company was formerly known as Trans National Minerals Inc. IEMR Resources Inc. was incorporated in 2008 and is headquartered in Vancouver, Canada.


TSXV:IRI - Post by User

Iemr Resources Inc
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  • RoddiggitiX
Comment by Roddiggition Feb 05, 2021 10:04am
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Post# 32482838

RE:RE:RE:RE:IRI - Proven Copper/Silver Asset In Nevada

RE:RE:RE:RE:IRI - Proven Copper/Silver Asset In NevadaI don't think they would update the MD&A if they didn't have to. Been at this for a couple decades and there is no obligation to update shareholders about doing work programs. The CEO is very wealthy from what I've researched and he has sit on this project for years, waiting for metal prices to go up. Well now is the time, especially with stimulus coming in. As per money grab, once again the CEO doesn't need money. None of the directors pay themselves and G&A cash burn is super low. Having options issued isn't a big deal becuase they need the stock to go up in order to exercise them. Nevada is a safe jurisdiction and the asset is quite valuable. Lets see what year end results have to say.
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