when will i listen?, page-30

orabanda - my 5 mins research on google , Ramsgate Resources owned the mt monger tenants, now owned by silver lakes. the problem with previous owners was how it being mined (like citigolds methods) too much dilution in the narrow veined ore and too far to cart for toll treatment made it uneconomical.

what has this to do with igr and its current price.. well yes a resource upgrade will revalue the stock, but i think the market is looking to wards real world production and cost before the market sits up and takes notice of this junior . until then its either hold em or trade em if your able to read the tea leaves. silver lakes can show how an uneconomical mine can be turned around with good management, are igr good management ... time will tell.

personally i think we will get far more bang for our buck once we are producing and profitable and then a resource upgrade as opposed to a resource upgrade this early in the mining game....