gold shares set to run hard ..., page-7

  1. 184 Posts.
    IGR and AND are both excellent picks , Sheepdip.
    IGR has a revised Resource Statement currently due , probably 1.5 mill to 1.6 mill total resource ozs , and a 5 year mine at 120k ozs per annum "in the bag" .
    Four drill rigs now on site 60 kms east of Kalgoorlie on a six month drilling programme , $30 mill in the bank , and are aiming to increase that to an 8 year mine life or more at 120k ozs per annum!
    A million oz 8 year mine life and plenty of scope to add to that, in a rising gold market , equals highly probable corporate interest from gold majors and /or mid teirs.
    Ko -jaspers recent post on the IGR thread is a good summary which is worth a read.
    IMHO --but DYOR
 
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