new valuation

Again my numbers so go easy on the old dad!!!

Using market cap / oz's the top end valuations of AVO, AND, RMS are around 300.

So IGR is currently @ 253 ( 760 million shares * 0.60 cents = 456 million )

456 million / 1,800,000 oz's = M.Cap / Oz 253

1. Priced @ a similar m.cap / oz a upgrade to 4 million would give a SP of $1.30 ( m.cap / oz 247 )

2.Priced similar m.cap / oz a upgrade to 5 million would give a SP of $ 1.70 ( m.cap / oz 258 )


Now if we take top end of m.cap / oz of 300ish.

1. 4 million oz's gives SP $1.60 (mcap / oz 304 )

2. 5million oz's gives SP $ 2.00 ( mcap / oz 304 )


Interesting time ahead for us all. Does not reflect any carnage for possible T/O or POG going to the moon

KL