Arbroath,
MCR and IGO are both quality imo, hold both (&others). In my view MCR a much stronger play on the high pon over the next 3 years (and IGO is heavily hedged FY08&09). Both have very capable proven management teams.
Beyond that IGO probably has a better exploration potential, but with then with exploration, who knows what will really eventuate. Comparing IGO with MCR I would say far to say that at least 1/3 of IGO sp is in Tropicana and other exploration. How much do you want to pay for bluesky? I can't see why one would want to switch MCR to IGO atm, unless one is a nickel bear/gold bull.
Just my opinion.
EL
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