cc email, page-54

Whoa boy!!!

Not so fast Tastarga, as per your comment,

"Enough drilling and lets go whilst there is mullah in the pocket!"

The next year will see a dramatic change come over the gold sector as the carnage everywhere else only gets worse. Gold is likely to become the go to investment and if you can't get hold off gold bullion, the shares in decent companies heading towards paying robust dividends, will be the next best thing.

A gold price very substantially higher than where it is now, will add enormously to IGR's bottom line and will propel the share price a lot higher. It will also encourage much more attractive offers of finance to become available (ie. compared to what is available in the current market)

Meanwhile, developing our gold resources further won't do any harm, while we wait for the market to move convincingly in our direction. It has been a long wait for gold to break free from the strangle hold that has been exerted by 'paper' markets', but the signs are good now amidst a financial crisis that has a long way to go yet.

Cheers
Nev