IGC 0.00% 33.5¢ international goldfields limited..

rumours on the street, page-4

  1. 55 Posts.
    They said doubling the 12.4Moz in the last resource announcement so 25 Moz is on the cards

    They also claimed that this represents only 10% of the anomaly so yeah I think in the long run this could be a 100Moz deposit. But more importantly the grades are very good (9-10g/t PGE)

    This will take at least another 2 years drilling though.

    I also like NKP. I think this market does not realise the significance of this project yet.

    If you translate this to iron ore term lets say "250Mt haematite@65%Fe with long term 1billion tonnes @65%Fe".

    Australian market pays too much attention to rubbish speculative stocks but lack proper analysts in areas such as platinum.

    If IGC was in London then I see it as $1+. If NKP was just listed in London I see it at $3+ by now

    Just my thoughts
 
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