IGR 0.00% 50.0¢ integra mining limited

"I still think that there is too much gold in the ground for...

  1. 24,765 Posts.
    "I still think that there is too much gold in the ground for this to be called a dog yet but I sure wish NCM or someone would take it..."

    My comments:

    In case readers hadn't noticed the share price of our sector leader, NCM, has fallen from over $36.00 in February to $22.60 today.

    We have an utterly crap, irrational market pricing for gold equities at present imo.

    Now don't try and convince me that in a bullish market for gold equities IGR would not be much, much, much higher.

    IGR's 26th. June presentation indicated "Reserves of 6Mt @2.5g/t for 480Koz Au from four open pits and growing" and
    "Resources of 30Mt @2.6g/t for 2.5Moz Au and growing."

    That's about $4.5 billion worth of gold.

    Anyone carefully reading IGR's exploration announcements should be able to work out that IGR is in the process of proving up seriously significant discoveries imo.

    Sure. I don't like the dilution. But I won't be diluted. I'll be topping up my holdings on market, buying from sellers who I suspect will be selling out based on emotion.
 
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Currently unlisted public company.

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