IGR 0.00% 50.0¢ integra mining limited

Woollydog,Inevitably there will be some traders taking quick...

  1. 145 Posts.
    Woollydog,

    Inevitably there will be some traders taking quick profits on this run up from around 50c.A nice 20% gain in a about a week or less but once the're out of the way the SP will march on upwards as the fundamentals dictate that its still undervalued.

    A bounce off the old resistance at 56c would be good as this would confirm the upward break.But it might just hover around +-60c for a few days before moving up.From here its next stop maybe 75-80c.

    As far as production goes thats probably only about 1yr away,maybe 1st or 2nd qtr 2009 not 2 years.Management's timing with their strategy has been 1st class to date and I have no doubt this will continue.

    Tigerpen8
 
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