In a gold BOOM the best performers are often exploration stocks...

In a gold BOOM the best performers are often exploration stocks - producers usually take a back seat to news of what might be in the next drill hole rather than what is proven. And there is no such thing as blue chips anymore --

Besides the gold industry is unique - near surface oxide /supergene resources can be brought into production in record time - in the 80's often 12 -18 months from the first drill hole in the ground to the gold pour from a CIP plant.

Now we have a myriad of Govt Depts that slows up the process -but fortunately now a Liberal Govt in WA which is focussed on clearing the logjam of red tape to streamline approvals. Wish them luck -

IGR are on their marks -would not take too long to press the button -so I guess will depend on market sentiment - meanwhile drill the guts out of it whilst the punters have not caught on yet - and move at the appropriate moment.

IGR will have a high market cap if gold stocks take off irrespective of it's production status. But do your own research.