Hi GuysIMHO, it looks like IGR is on its way. It should be GAME...

Hi Guys

IMHO, it looks like IGR is on its way. It should be GAME ON from here.

I would have preferred to allow the current strength in the gold price to mature over the next few months before going to the market for funding, and communicated as such. I reckon that we would have been able to get much better terms than whatever has been achieved in the current climate.

However, what's done is done. It will be onward and upward from here after some initial stabilzation while the financial arrangements just completed, are digested by the market.

We have a lot to look forward to. Such as:

No longer being held back by the prospect of a substantial fund raising

A fast track to mine commissioning in a gold price environment that promises to be robust,

A mining plan that is water tight and can cope with a range of potential set backs, (set backs are unlikely though)

The promise of further new discoveries at depth

The potential for new discoveries regionally

The possibility of corporate action as either the hunter or the hunted,

The fundamentals for gold should finally attract strong investment in the sector, and for emergent producers such as IGR

All in all I'm quite excited, albeit not as excited as I am about the other company that I write about, that has a 2 month time frame for a rocket launch.

Cheers
Nev