a tale of two australian gold producers ..., page-53

Sorry SP but I'll have to disagree with your comments there as It is like chalk and cheese in comparing both SLR and IGR. I'm not sure why people are comparing the two other than them being neighbours however since people are comparing the two I'll also elaborate.

SLR will always far outperform IGR due to the following.

SLR is already in production and is entering it's second year of profit- IGR is not in production yet.

SLR is targeting 300,000oz PA keeping in mind that SLR is already at the 93,000oz pa level- IGR is targeting 140,000oz pa long term and is not in production yet.

SLR's grade is better than IGR's grade.

IGR currently has a larger JORC however after SLR's resource upgrade SLR's will be larger by a long shot.

IGR's current market cap is already 204 million!!

SLR's is only 352 million will all of what it has and is still as cheap as chips (P/E of around 6.9) which is far too cheap.

I also hold some IGR shares and can also see value in them long term.

IGR will have it's day in the sun.

Just not yet.

Cheers!