I remain a holder in IGR because I too believe there is a vastness in gold in that there ground. However, what we need to move the SP is:
1. Conformation that no more CR is planned short term for UG 2. Cash build up 3. Debt reduction 4. Hedge reduction 5. Resources/ reserves update 6. Regular progress reports on UG 7. Regular drilling reports that may add to reserves 8. Increase in POG
We are getting 3,4,and 7 fairly regularly and the rest will follow in time.
Happy to hold and buy at these levels Angers
IGR Price at posting:
57.0¢ Sentiment: Buy Disclosure: Held