Reifediver is right .
Reddale is a gold "suburb" in the general area , that is big and to date , complex . First holes in , no jackpot -minor disappointment , so what and not relevant in the scheme of exploration --lets wait and see.
We are now taking large steps to move from explorer to producer , and CC wants more major or satellite nearby deposits to compliment Salt Ck , Maxwells and Cockeyed Bob .So logic says , now use your rigs wisely , and concentrate first and foremost on nearby areas like Mohegan,Lucky Bay and Lucky Bay North and Fingalls , that have previous results with signatures of grade, width and near surface .
Recent failures in the WA area , have been because of low grade .
Mohegan, Lucky Bay and Fingalls all have economic grade -now its a case of determining resource .
The general status of the market , distressed investors financially ( both corporate and individual ) and the recent failed WA gold miners might be reasons why IGR has been sold off , BUT ITS NOT ON FUNDAMENTALS .
If you are selling for that reason , a good chance you should not have been invested in the stock in the first place .
- Forums
- ASX - By Stock
- IGR
- reddale
reddale, page-3
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IGR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online