IGO 4.22% $5.68 igo limited

Strong start today, already another post GFC high this...

  1. 13,980 Posts.
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    Strong start today, already another post GFC high this morning.

    This big exploration company just oozes potential, but as far as how you value that potential is difficult. The market seems to periodically discount potential heavily, but with Tropicana likely to be locked into valuations by now it's only a question of what will be next.

    Hard to see a mid cap miner with more potential atm, yet all (like IGO) seem to have some of their blue sky potential priced in atm, so if you are going to buy something in this (overheated imho) market atm, then IGO should still be looking pretty good comparatively at current sp.

    EL
 
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