IGR integra mining limited
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Just a suggestion worth considering.Do you really believe it is...

  1. siameseparrot
    24,765 Posts.
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    26/05/11
    19:32
    Post #: 8457618
    Just a suggestion worth considering.

    Do you really believe it is appropriate to value a gold miner purely based on PE?

    Valuing a retailer on PE makes sense.

    Its premises are leased. It imports most of its stock from China, adds a massive mark up and then sells its stock.

    But if you value a miner on PE that means there is NO value given for such things as the company's in ground gold, quality of that gold, mine life, exploration upside etc. etc.
    IGR Price at posting: 45.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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