I would have thought we would have seen some more drill results...

I would have thought we would have seen some more drill results by now. If they are working on reserve upgrade by say end June, they havn't got much time to get them in the new reserve statement.

Saw interesting slides in peer company last week that saw IGR less than attractive due to no reserve upgrade since 2008.

Personally I don't think the reserve upgrade will be too exciting, as the real game is in the underground areas in Cock Eyed Bob; Maxwells etc that promise 2700g per vertical metre which is phenominal.

However, as sure as light follows night, IGR need to get their SP well into the 50's very soon, to avoid a take over. They are just too attractive a company with hugely prospective ground that someone will want.