May not be a bad time to sit back and drill. The way I see it cost structure is at peak at present. The only people making money out of mining boom have been workers and those holding property in mining towns. The worm is turning and banks have given mine workers/contractors enough rope to hang themselves by financing mini mansions in Perth/ Brisbane etc. These price makers are about to become price takers.
IGR Price at posting:
16.5¢ Sentiment: LT Buy Disclosure: Held
