Maybe i am dreaming B2 but did you say above that "IGR has been trading downward since DEC 5 from where the downward action started?"
Maybe you should look again.... December 5 IGR = 0.15 Yesterday IGR = 0.22
Now i am starting to rationalise your previous posts
Clearly you have no idea WTF you are talking about. Take a look at gold price volatility....why wouldnt you take part hedge. Take a look at recent performance of Gold to figure why it is hard to predict right now and then take a look at the general market as to why it is where it is from it high of 0.28. ( just above when it started its downtrend from 0.16 in Dec)
Then take the amt of gold in the feasabilty, multiply it by the price, take away the estimated costs of mining the stuff and stab yourself in the eye with a pencil when you realise the numbers for this add up.
The point is for a 0.20 share that has increased over 40% since December it has held up very well so far. A consolidation around this level will be perfect for the next leg up.
And please stop posting such rubbish as your previous posts.
IGR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
