gold up $29au, page-27

Dont forget when they negotiated this agreement World markets were heading in the direction of some stability. They would be applauded as genius if the latest instability had not emerged. IMO Gold would have been at $900 likely.. Instability = Gold price increase. Much prefer steady $$ than wild fluctuations likely from GFC II. $2000 may still occur, but if it does IGR will still benefit from that, as one writer said they may have capacity to pour into that price after hedge commitments.Remember IGR still have a huge tenement so the Elephant may still eventuate as well. IMO. What we want is $$ in , and SP up, Gold up is bonus IMO. A senior jv partner is very likely. IMO