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Message: What's the deal with IMR?

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koetjeboe

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What's the deal with IMR?

posted on Feb 02, 09 04:25AM

Looking at the fundamentals, this company looks rather attractive. It's one of the very few junior miners with substantial cash at hand ($20M).

IMR has an interesting project with 2.3M oz of gold and 1.4B ls of copper (all M&I). I'd like to see some more projects in their portfolio, but at the current price, every dollar you spend on this stock entitles you to a participation in the company's cash that will be greater than one dollar...

Seems to me that this is a no-brainer. What's the catch?

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