slippping, page-29

I have been a long time holder and have met CC many times. I have bought many new holders to IGR. Almost an unpaid, self-appointed salesman. I put the hard word on him for a significant allocation. Surprisingly, I got what I wanted after some dialogue with BC.

Next few weeks should see IGR SP hover around present levels.

1. Monday sees placement Tranche 1 allocated
2. IGROA's expire in 4 weeks - people selling IGR to fund conversion of OA's
3. POG likely to sag
4. A$ strengthening

To counter that we should:

a. Have more great drill results
b. Financing deal confirmed (might be only after GM in Nov)
c. Project Mgr appointed
d. Appointment of plant contractor
e. Appointment of pre -strip contractor
f. Hopefully, more great drill results
g. GM approves Tranche 2 cap raising.
h. More drill rigs on site???

I'm very happy to hold until production when SP shd be getting towards $1 . Of course, we might see a corporate play before production.