THIS IS A DISAPPOINTING ANNOUNCEMENT.
THE ONLY THING THAT IS GOING FOR IGR NOW IS THAT BY THE TIME THEY BEGIN MINING GOLD, IT WILL BE OVER $800 US AN OUNCE, THEREFORE, THEIR OPERATIONS WILL BE MORE PROFITABLE....
THE PROBLEM IS THAT THERE ARE SO MANY SHARES ON ISSUE THAT THIS STOCK IS OVER DILUTED...
I HAD AN INITIAL PRICE TARGET OF 36 CENTS ON THIS STOCK, I WILL HAVE TO REVISE THIS NUMBER NOW...