re: comparative comment plough Similar resource size plough?-compare 1.1m ozs to just over 200,000 ounces. Grade as well? Dollars in the bank? Institutions on register? Metallurgy?Scoping study/BFS status? On a comparative basis would appear much easier to argue IGR is way undervalued.
NAV may get there, but has a far longer road to travel than IGR.
Comparative valuations of juniors at this stage of their lives can be very tricky-one good drill programme can change the respective positions overnight!
Cheers,TAS
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