Nice and to the point Shimmer.
As for Fishinnick'c comment that he/she "deal(s) in facts not hot air" I suggest that might be very much up for debate, because the "facts" as I see them are completely different to Fishinnick.
I'm sitting on a substantial capital gain in IGR, and if I thought in any way or form that the information released in the IGR quarterly indicated major issues I'd have bailed out. I'm not in love with IGR. I'm sure many other investors posting here would be the same.
The fact is IGR is doing fine - better than budgeted on the cash cost production side.
Gold stocks have sharply corrected - with the juniors hardest hit. Junior gold producer SLR - which everyone tells us is doing brilliantly, is down from about $2.70 to $1.87 today. How does that compare with IGR as a percentage decline?
It's very easy when there has been a significant correction in gold stocks to start posting negatives about a new gold producer and telling us it has debt as if this is a serious issue - we all knew that, and telling us it has spent plenty of money on mine development - well gold mines don't get developed for nothing - yet completely ignoring that IGR is already producing gold at a cash cost of $104 BELOW BUDGET.
If that's meant to be a problem then I'll eat my hat - if I wore one. lol
Add to My Watchlist
What is My Watchlist?