A few short years ago a placement was done in SYR at .005 today the stock is $5.70
Early this year LNG was .12 cents today $ 2.85
Currently IRL is wort .007c and a market cap of 4.5 million,compare that with IBG currently 11.5c market cap of 47.million
IRL is currently producing copper(check ASX ann June 6)and cash flow positive,The Aravalli zinc and lead project in IRL is currently as far progressed as the IBG project in Greenland where mining can not be done year around unlike India .
India with a population as big as China but 20 years behind needs a power of resources for development ,infrastructure,housing ,transport,roads , hospitals and schools etc etc.
So where is the smart money going to invest?,do your own research and make your own decisions but I have taken a big stake in IRL and will put the stock in the bottom draw so to say and see what will develop.
IRL Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
