IDA 0.00% 11.0¢ indiana resources limited

Ann: Company Update, page-7

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  1. 2,254 Posts.
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    I would say there is no telling what may come at this stage.
    What we do know is that they are currently looking for acquisitions that could require a cap raise.
    We have a great major sh that has networking capabilities.
    What we need to see is what they source as their next project and if the T gov come to their senses with this project.
    There is no doubt that any relaxing of this new hard line strategy will allow the gold projects to get back to work and Ntaka is shaping up as a very profitable project.
    I was told that the scoping study was about to be ann weeks ago but was held up by some arbitrary paperwork.
    It should be any day now but will still need this situation to be resolved.
    Nothing is worth pursuing in this country atm.
    Let's see what they have up their sleeves, what the cost of an acquisition is and how good it is.
    I suspect that the recent share activity is accumulation and I have a suspect in mind that I can not say.
    It does however make this accumulation look very positive.
    Wack.
 
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