oversold, page-29

I have trouble understanding why Van Ecks would sell down their IGR holding "on market". I would've thought they could easily have found buyers off-market and received a better price in a more orderly fashion. I'm going to the IGR Scheme meeting today so will ask either CC or Peter Ironside the reasoning behind this move.

Meanwhile, in the past week, we've had an announcement from both SLR and IGR on two potential new ore bodies. The SLR results show the potential for a pretty good medium grade, large tonnage mine judging by the strike, width and depth. If it proved up at 2.5-3.0 gt average, you would have a couple of hundred thousand oz recoverable I think. Meanwhile, the IGR Aldiss shows that the potential is there and with further unlocking of the geology, could become another significant player. So now that after today the merger becomes official, we should start hearing more drill results and Reserve upgrades back logged from IGR.

Feeling pretty confident about the company. POG is another story however. It certainly is not going to make the $2000.00+ mark in 2012 that the true gold bugs were postulating. What happened JIM, the LEGEND??? Probably another conspiracy by "Them". I bought another 62,800 shares in IGR yesterday at .51, or $3.20 per SLR share. SLR finished at $3.27 so I figure I bought that parcel at a $4400.00 discount. Really can't understand why somebody would enter SLR any other way. Anybody find any thing wrong with my math? Maybe I'm missing something?

Anyway, will post about the IGR meeting later.