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Tooli,Fishfinder and Filby Your arguments have merit and I agree on some points.However the market isn't going to get exited about results like last week because Igr is a $200mil explorer.

Hindsight is a wonderful thing but company itself has been spruiking that it could produce for around $550 an ounce so she has been on a healthy margin for years now.They have constantly shown the economics to be sound here.With an operation this robust they would have withstood the meltdown.

That is not just my opinion its in their own feasability studies and their own words.

They missed that purple patch where they could have been in production without the extra dilution.

I was a believer some time back.