re: Ann: High-Grade Results from Maxwells Dee... An excellent announcement with some very high drilling results at depth which also dispels the rumour that Maxwells didn't have significant gold at depth.
IGR also released the reason for the late release of these drilling results. Unless I missed it, it's a pity IGR did not inform the market for this reason well before these drilling results were released. It may have stopped some negative speculation.
IGR's announcement also importantly informs us about a resource upgrade later this year PLUS tells us that IGR is looking at "options to increase ...(gold production) to 100,000 oz-a-year utilising the existing production capacity and a further rise to 140,000 oz-a-year or more based on a plant upgrade to increase throughput by 50%."
This is the sort of announcement that gives one long term confidence in IGR. But please, can we see this good news reflected in a stronger share price?
IGR is currently up 1.5 cents at 25.5 cents.
Add to My Watchlist
What is My Watchlist?