stockartist, its amazing how little investors know about India Resources and the huge potential it has with the Aravalli ZINC/LEAD project. The share price is only .004c valuing the company at just $4 million.
Management are currently working hard on getting investors in on the deal, and most likely is hard work in this current environment where everyone hates resources. Most investors don't realise that the Noble Group are a major shareholder as well as Resource Capital Fund, so don't be surprised in the next 6 months when an ASX announcement comes out stating that IRL has the Aravalli Mining Licence approved and funds to take the project into production. Its just a matter of time, this project is even being followed by the Prime Ministers of both countries.
IRL Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
