IGR 0.00% 50.0¢ integra mining limited

questions for c. cairns, page-37

  1. 22,449 Posts.
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    There is a reasonable arguement that policy & perhaps management has to change once a company morphs from explorer to producer.

    Investment is all about making money and once a prospector transtiones from prospector to producer the market expects derisking. Such is so with IGR.

    Exploration is a risky business and there is no guarantee
    that a $14 mil exploration is going to produce more than
    $14 mil extra shareholder valuedespite a company's track record.

    At some stage profit has to be banked and returned to the shareholder so why not a little now rather than maybe
    alot later!It would give the market confidence in the company and distinguish it from the hundreds of no-divvie
    explorer/miners. Just look at the litany published weekly in the weekend Fin Review!

    Cheers
    Moorookamick
 
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