my responce from cc, page-25

Blythefan

I can see that you are saying very different things from Chris Cairns & from recent broker reports such as Fat Prophets, BBY, RBS etc.

Given that you do not own the stock & assert that you are not involved in hedge fund activity etc. I remain puzzled as to why you are spending so much time posting what appear to be at best, worst case scenario assessments of IGR.

Globally precious metals stocks have languished relative to the POG & POS for many months now. If you strip out our bigger miners such as NCM other goldies have occasionally rocketed only to plummet back to Earth soon after.

IMO the Market has been pricing in a substantial correction in the POG & despite continuing high levels of shortselling / hedging this has not yet happened.

http://www.cftc.gov/dea/futures/other_lf.htm

We have also seen the approach of 'sell in May' mindset ahead of end of financial year activity & pre-budget speculation on top of the debate about imposing a price on carbon. Given all of that IMO the recent SP weakness has been on relatively low volumes & has served to increase the risk to reward ratio.

IMO the weight of opinion is against you atm & I continue to hold.