re: Ann: Completion of royalty and project ac...
IGR are an example of every thing going your way, their position is fantastic, multiple high grade exploration targets, fantastic operating costs, stockpiled ore, low strip ratio, the resource numbers are a bit wishy washy but i suspect IGR have a handle on the local geology and are not interested in spending money on something they think they have a handle on.
I think that could easily get to half of IGR's market cap by increasing the inferred resource another 400000oz and getting into production at the stated costs, to possibly catch IGR they would need to find multiple new ore bodys on the lease, which may or may not happen, my target for MYG is 120mil market cap which I belive is realistic from previous experience in punting on spec stocks, nothing is a sure thing though
MYG Price at posting:
8.0¢ Sentiment: Hold Disclosure: Held
