re: Ann: ZSP: SandP Indices Announces Decembe...
Its been a long tough haul for those investors (IGR true believers) who got in a year ago at 60 cents. For example on the 2nd Dec. 2010 IGR was 58.5 cents and in the interim hit 76 cents. The next few weeks should see IGR consolidating above 60 cents and then moving on the closer we get to the Dec qtr results and news anns about the UG development & drill results. At a P/E of less that six, there is room for the share to double in price. Other producers run a P/E of over 12 with higher debt and higher production costs. Cheers Moorookamick
IGR Price at posting:
59.5¢ Sentiment: LT Buy Disclosure: Not Held
