pala playing games, page-7

JC...Pala did pick up some of Blackwood's allocation. I have not looked but as I recall they did lodge a s/h notice after the allocation, therefore the dillution that is referred to by previous posters does not ring true....as the allocation was the dillution!

Don't really care as to why they dropped 300k, life can be better without them as the speculation about their involvement has a lot of posters going crazy with the multiple possibilities of what will/might/will not happen.

Without being arrogant, focus on the yellow stuff that the company will be dragging out of the ground...this is where the value is.

I do not believe the value in this company is by virtue of Pala's involvement or interest.

For those that believe Pala is where the $$$ are, I suggest you sell today as you may never realise your wish. Go to the casino.

On the other hand, if you focus on the bigger picture:
- IGR has gold, and lots of it found and to be found;
- it's model shows itself as being highly profitable,
- gold price is good and within the FS assumptions,
- construction is happening, aligned with management's representations;
- CC and the board appears highly competant and is good at having a crack at making IGR the next successful gold miner.
Off the soapbox.
Goodluck to all.