I re-entered today and am looking forward to the resource upgrade due mid June (so I understand).
But, in particular, I recently read that a large Australian diversified company was having a serious look over a number of West Australian Gold Miners. No names were given but it was said that many had been discounted for various reasons - still a handfull remained under review.
When I consider how so many are trading at low valuations, my personal pick in WA, with sufficient and expanding resources & reserves (to interest a major) has got to be IGR and SBM.
So despite the news on SBM this morning...that is where my money is.
IGR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
