Reifediver, I like the fundamentals of IGR, no question. As I do BHP. Would I buy BHP today for $80 per share? No. IGR has to hold its price right now or I can see 35c in the weeks ahead. Fundamentally, market Cap < $150m is warranted compared with other undervalued junior goldies like MUN and TRY, which are producers already. Lots of people got sucked into IGR with all the hype in the past few months. I'm looking to get set myself, but not quite yet; need to see the right balance between price and relative value, meaning a share price <40c imo.
Rowingboat.
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