IDA 0.00% 11.0¢ indiana resources limited

Who might buy a Tanzanian mine, page-4

  1. 2,254 Posts.
    lightbulb Created with Sketch. 1013
    This was a company with good potential until the governments revenge tactic on one particular company.
    Since then the risk factor has increased and I would not like to put a number of risk % to apply to this ( 99 )?
    It may only have a mc of 4M but remember, there was a scoping study due out last year.
    Where is it?
    If it had great metrics, surely you would ann it then do a cr not this way around.
    In the mean time, Nickel prices are rising in favour of any future study, but where is the study?
    Also, I notice that the major holders are increasing there holdings in the absence of this study.
    While this could be seen as a positive, it could also be seen as very shrewd move to grab while they can and sh do not have the same advantage.
    Care is required in this case imo.
    Wack.
 
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