IGO 2.20% $4.89 igo limited

pon down, IGO should have been weakening recently, but held up...

  1. 13,972 Posts.
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    pon down, IGO should have been weakening recently, but held up by anticipation of an upside suprise fot Tropicana. Didn't happen, so some of the "hot" money has jumped off to chase the next opportunity.

    Support should resume pretty quickly, but imo maybe under $8. We now have a situation where the analysts will give Tropicana a valuation (without having to put their balls on the line). $8 is not expensive imo for this producing EXPLORATION company.

    EL
 
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