key price reversal higher tipped ..

IGR finished steady today and up about 12% from its panic low. That was an excellent performance in a weak market.

LSM made the following good post in a thread started by SunburntLand which SunburntLand titled "falling off a cliff..."

Anyway, I'm not interested in downramping IGR, so I will not post a reply to LSM under the subject "falling off a cliff..."

Here is LSM's post:

"Anyone else liking the action today? Key reversal one would think!?!

I also believe that the $US will start it's next down leg tonight, and gold will be past $1000 in the next few weeks before an October pull back.

IGR will be in the 40's by October too…

IGR sp action smells again (Pala?).

I'm EXCITED!"

My comments:

A good performance by IGR. With roadshows this week, plenty of drilling action and quality high grade open pittable gold reserves and resources IGR is one of the best juniors and emerging producers with gold in Australia.