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IGR - Integra Mining

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Excellent write up in mining news, does anyone on here hold? Was looking at the chart (although I am no chartist) and market depth and it looks to me like it may come back a bit before heading north.
 
IGR

1. powwww IGR 0.145 0.190 0.045 31.03%

Surprised there isn't a thread on this.

Some very positive news today! Wasn't expecting it so soon.

Any other holders!?
 
Re: IGR

powwww said:
1. powwww IGR 0.145 0.190 0.045 31.03%

Surprised there isn't a thread on this.

Some very positive news today! Wasn't expecting it so soon.

Any other holders!?

My apologies Amohonour - didn't notice your thread. I've been a holder since December surprised this board hasn't talked about it much. Am interested if theres any other holders to discuss future of the company- looking positive!
 
http://www.mpsecurities.com.au/pubs/index.asp?page=2006

Research report released by MArtin Place securities with a spec buy on IGR...

The link above goes to the report- they have a low-case value of 30c...

The report mentions that IGR may be a target for a takeover because of the speculative land holdings.

Used the stop losses triggered today to buy in at 16 and 15.5. Doubt we'll see these levels again anytime soon

powwww
 
----look out for bargains this week----

Certainly this stock will move throughout March... Patersons and MPL have 100% plus targets for the annum. I tend to agree that these are low case evaluations and will be buying as much as possible this coming week. Anyone else following this stock? Would be good to have some discusion with other holders...

Cheeers
 
I see they have suspended trading, due to ann soonat c.o.b 20/2....is it dangerous to purchase after an annoncement??
cheers
 
I would expect that this is the last time you'll have an opportunity to purchase this stock at bargain levels...The spp held up well and didn't get down to the placement price of 14c which demonstrates most of the selling has come from placees selling. I expect this might be over within a week.

I also would like to take this opportunity to point out that the Martin Place Securities still have a spec buy on this stock with a low case target of 30c with gold @ $500USD and no plant, etc etc. The EV (enterprise Value = market cap/ ounces of gold) is absurdly low at this price being $24.00 whereas the sector average is $58. Also expect IGR to be producing 70,000+ ounces of gold per year next year with a low cost per ounce.

By the end of this month 20c will likely not be standing!!!!!!!!!!!
 
powwww said:
By the end of this month 20c will likely not be standing!!!!!!!!!!!

thanks for that powwww - do you mean that you feel that its likely to go past 20c? sorry for my ignorance - didn't understand that line in your post.
 
Although I don't usually set targets as such or if I do I would re-evaluate them weekly...Yes, I expect the share price to be well in excess of 20c by 6 months time. This is of the assumption that gold stays + $500USD, AUD/USD 0.75 and Cash Costs A$350/oz

technical analysis says the stock is due for a run as we just got a macd cross. However I will not trade out as I am holding until IGR becomes a producer with news of a plant and news on high risk high reward target at Oodanadatta which would give the stock potential as good as OXR IF it came off. Which is unlikely but still possible considering the strength of the anomalies found their.

The attachment is also worth a read - Martin Places Low case appraised value of A$63m or A$0.30ps fully diluted.
 

Attachments

  • IGR_Update_Jan06_1.pdf
    195.9 KB · Views: 15
surelle said:
thanks for that powwww - do you mean that you feel that its likely to go past 20c? sorry for my ignorance - didn't understand that line in your post.

Oh sorry misunderstood. Yes I think we will see a run on news of drill results and with a positive feasibility study resistance at 20c will be taken out. So yes I think it is likely to go past 20c at least by end of April. Possibly much sooner if news I am expecting comes through then. We wait!
 
thanks for that powwww, it was an interesting read and will take into consideration...hope you have success
cheers
 
Time Price Volume Value Conditions Attributes BuyXRef SellXRef
17/03/2006 04:15:41 0.165 13156 2170.74 G
17/03/2006 04:15:41 0.165 69509 11468.98 XT F
17/03/2006 04:15:41 0.165 5000 825.00 F
17/03/2006 04:15:41 0.165 60000 9900.00 F
17/03/2006 04:15:41 0.165 94753 15634.24 XT F
17/03/2006 04:15:41 0.165 60000 9900.00 XT F
Interesting to note that 1 buyer bought close to 400,000 shares at todays high $0.165 I expect Monday will be interesting. I think the large sized parcels bought today 200,000 and 400,000 are indicative of success in the bidding process of what I think the working capital may go towards from the cap raising. Think Think...Hope you bought in today surelle...I think we got a reasonable sized brokers interest as we WILL have anouncements next week.

Thanks for the kind wishes surelle!

Powwww
 
very veeeery interesting
no, i didn't get in today coz I was waiting on a sale of another to do so, nd it didn't happen till later on, but will be looking on Monday , but kicking for not doing so earlier...oh well thems the breaks they say...
keep me in the loop please...
have a great weekend and hope that it does well for you
regards
 
Looks as though a few people are realising that the scoping study should be positive…unfortunately what I was expecting has been put on hold,.Expect some news though on a positive scoping study very, very soon though. what price did you pay??????
 
.165 first thing thing this morning - now .175 - shows a bit of positive movement - so hopefully it will continue

regards
 
just announced a new member of the board to take them thru the next stage..from explorer to producer
 
many statements if you read through the anouncement of the egm showing good confidence in the company by the board...looking good. More anouncements this week
 
massive buys going through. Some instos starting to buy pre scoping study??? If the board get this stock to producer without any major problems we're going to be going high
 
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