Excellant summation Cam, you are single-handedly lifting the...

Excellant summation Cam, you are single-handedly lifting the quality and content of posts on HC.

I agree with you last comment. Resources have been so hot the mid caps have now reached dangerously high levels, that will only be sustained by enduring commodity prices and or near term exploration success.

Not a sector to be putting fresh money into IMO.

I feel the market has become aroused by Chris Bonwicks exploration prowess and has therefore factored (correctly or not) considerable growth into the companies SP. While I certainly wouldn't encourage the buying of IGO shares at current levels I do also appreciate the quality of IGO as explorers and the value in their little gadget (TEM). They are probably in all fairness the stand out mid cap resource player, but I repeat now trading at very rich multiples like all other mid caps.