Hi Rabbitoh
The hedge may have an influence, but with the production on the rise I doubt that it accounts for the poor SP.
Its interesting that with all the constant selling/buying over the past months that we haven't seen any sophisticated shareholders notices.
This suggests that our larger shareholders have remained firm and not changed their holdings.
However, you need to have a sizeable account to constantly bot trade!
Who is making the market?
I doubt its the small punters, so are there several entities collecting up to just under 5% of IGR and then accumulating again under another identity?
Could the plan be to keep the IGR SP surpressed untill a T/O firm reveals its hand and then sell the accumulated shares to it for a hugh profit?
Either way I am holding on and believe IGR is one big fat bargain at under .70 cents
Please management an announcement would be nice to get the SP moving in tandem with gold.
Angers
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