IGR 0.00% 50.0¢ integra mining limited

production funding in june, page-15

  1. 3,376 Posts.
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    I agree whole heartedly SP

    There is absolutley no need to rush, and while marking time waiting for the gold price to be 'set free', there is plenty of exploration that can be done to add further value.

    When gold fever hits, prospective Juniors like IGR with impressive ounces in the ground, should be able to attract a lot of attention.

    As BH! has said, investors seeking exposure to gold want companies that will participate strongly in a changed outlook for gold.

    No doubt the Banks would be circling and wanting to lock in a deal as soon as possible. Why wouldn't they? IGR share holders should all write to the company voicing their concerns. We shouldn't forget that IGR was at 70 cents with an Aussie gold price of $950 before the crisis hit. It is in a much stronger position now with the gold price $500 higher. The penny will drop eventually, even if we just sit and do nothing, not that we will.

    IMO, if IGR is to be restricted by hedging it would be a tragic ending to what has so far been a well thought out and well executed strategy.

    Cheers
    Nev
 
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