cc email, page-53

Peroovial,

the comment was 'eventually became successful', not 'somewhat successful'. I did not qualify the extent of success.

I to follow IGR as it is one of the few gold explorers (and potential developers of said assets) worth following in a very sad Australian gold sector.

CC is with out doubt one of the better gold geos active in the sector and his performance has been solid over the past five plus years.

The challenge of development confronts him now, as there appears a sufficient resource base to get things going. He owns a robust plant capable of treating most types of ore. If there are arguments about inconsistency on section in some of his deposits there should be sufficient mineralisation at higher grade to put those arguments to rest, there are plenty of tonnes at above 2 g/t to get the projects going, Lucky whatever is a high grade pod that adds to the story post Red Dale, now lets do the final study and hit the go button. Enough drilling and lets go whilst there is mullah in the pocket!

Cheers,TAS