Replies to post #30978 on IMD Companies Inc (ICBU)

[samplescave]

ALL PART OF RICK WILSON AND CHRIS JENSEN LIES. EVEN IF
THE SHARES WERE WORTH .002 THEY WOULD HAVE PAID $1,077,214.75 for
HALF OF a MINE ((( SUPPOSEDLY))) WORTH $700 MILLION DOLLARS????

HOLY COW!!!

THEY WOULD HAVE PROFITED BY $698,922,785.25 WITH THAT SLICK LIE MOVE!!!!!!

TOO BAD EVERYTHING THAT RICK WILSON AND CHRIS JENSEN POST, RELEASE AND
SAY IS NOTHING BUT LIES!!!!!!!!!!!!!!!!!

[skichic]

There might be 700 million worth of product, but it's going to cost big bucks to get it out of the ground. Hard to say what the actual value of half of the mine is, or what debt it already carried.

[powerbattles]

Let's take a good view of exactly the report. 700 million dollar claim is the entire value if they digging and that could take many years. The claim value in excess of $700 million that is the estimate claims. They bought the KRSNA That does not mean the retail is $700 million.

The company has completed its acquisition of KRSNA MINERALS in India which is a producing mine with over 600 acres of mining claims which are currently mining manganese and Iron ore metals. KRSNA MINERALS currently has contracts with the Chinese government to supply manganese and Iron ore to China. The recoverable asset values are in excess of 700 million dollars for the total claims owned by KRSNA MINERALS.

https://www.centralcharts.com/en/29810-imd-companies-inc/news/421740-imd-companies-inc-icbu-completes-acquisition-of-krsna-minerals-a-manganese-and-iron-ore-producing-mine-with-recoverable-assets-of-approximately-700-million-dollars