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Stocks I / Idaho General Mines, Inc.

URL:  http://boards.fool.com/idaho-general-mines-inc-25856795.aspx

Subject:  Idaho General Mines Inc. Date:  8/31/2007  1:21 PM
Author:  maur911 Number:  2 of 5

thought this stock should be brought to the attention to Fooldom!
GMO has just completed Mt. Hope Bankable Feasibility Study indicating an estimated priject net value of $1.4 Billion. The ore is expected to be mined at an est.37% profit marghin. They mine molybdenum ore which is used to make stainless steel less corrosive. The High sulpher crude that is now being drilled demands new oil rigs made of steel high in molybdenum because it is to corrosive for the old oil rigs to withstand. Also with BRIDGES in need of replacement...well you can see all the new markets ! With the market demand growing faster than production and GMO having some of the largest reserves, well the possibilities are very exiting! Presently trading at $6.66 I feel it is a candidate for possible take over. Do your DD and comment, I am interested on your comments or thoughts!
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