reddale, page-3

Reifediver is right .
Reddale is a gold "suburb" in the general area , that is big and to date , complex . First holes in , no jackpot -minor disappointment , so what and not relevant in the scheme of exploration --lets wait and see.
We are now taking large steps to move from explorer to producer , and CC wants more major or satellite nearby deposits to compliment Salt Ck , Maxwells and Cockeyed Bob .So logic says , now use your rigs wisely , and concentrate first and foremost on nearby areas like Mohegan,Lucky Bay and Lucky Bay North and Fingalls , that have previous results with signatures of grade, width and near surface .
Recent failures in the WA area , have been because of low grade .
Mohegan, Lucky Bay and Fingalls all have economic grade -now its a case of determining resource .
The general status of the market , distressed investors financially ( both corporate and individual ) and the recent failed WA gold miners might be reasons why IGR has been sold off , BUT ITS NOT ON FUNDAMENTALS .
If you are selling for that reason , a good chance you should not have been invested in the stock in the first place .