IGR - Integra Mining
- Thread starter amohonour
- Start date
-
- Tags
- igr integra mining
- Joined
- 27 September 2008
- Posts
- 48
- Reactions
- 0
Anyone know what is going on, I thought they were coming out of trading holt today with the drilling results
- Joined
- 31 May 2006
- Posts
- 1,941
- Reactions
- 2
I'd hazard a guess that they took a look this morning at the overnight DOW and overnight gold price movements and decided to take a punt and hold off on releasing the news for another day hoping they'll have a better situation tomorrow.
(which is not looking too likely this early in the evening)
(which is not looking too likely this early in the evening)
- Joined
- 13 November 2008
- Posts
- 121
- Reactions
- 0
Does that tend to make you think that the result is good and wanting a better day to capitalise on it or that its bad and want a soft day to release it?
- Joined
- 31 May 2006
- Posts
- 1,941
- Reactions
- 2
The announcement said they have drilling results to release - if they were lousy drilling results they wouldn't have needed a trading halt so I imagine they consider them to be good - though I think they'd have to be spectacular to have any significant lasting price impact in the current market.
Dow futures and ftse up at the moment compared to down earlier, and gold currently showing a moderate bounce compared to earlier as well ... so you never know tomorrow might be a better day for a release.
Dow futures and ftse up at the moment compared to down earlier, and gold currently showing a moderate bounce compared to earlier as well ... so you never know tomorrow might be a better day for a release.
explod
explod
- Joined
- 4 March 2007
- Posts
- 7,341
- Reactions
- 1,197
Well its pretty much as expected, confirmation of fair grades not too far down. Due to the location it will be one of the first spekkies to hit it off when gold climbs a bit more. In fact quarterly reports of producers will spark attention in due course as the Aussie gold price has been good for awhile now and the sudden drop in fuel prices if they hold is all good. IMHO
- Joined
- 13 July 2008
- Posts
- 322
- Reactions
- 3
IGR - turning around
IGR - Integra Mining Limited is making a turn. Broke out above 20c, retested yesterday and is off today. Should be good to go to around 30c.
IGR - Integra Mining Limited is making a turn. Broke out above 20c, retested yesterday and is off today. Should be good to go to around 30c.
Re: IGR - turning around
Yes IGR seems to be one of the early runners in the partial recovery of some of the gold stocks, holders who pcked up a parcel around 11.5c will have to be happy.
jman
Yes IGR seems to be one of the early runners in the partial recovery of some of the gold stocks, holders who pcked up a parcel around 11.5c will have to be happy.
jman
Went on a bit of a run today - up 14.5%
Looks to be good to hold above 20c for the time being, no doubt helped by the resurgence in the gold price, and the attractiveness on paper of IGR's assets.
Lucky Bay looks to be a bit of a dark horse, it is clear to see in the plan view that Solomon and AurioGold hit the supergene gold but couldn't find the primary source of it - which IGR look to have done. Looks to have some depth potential and certainly some strike potential to the SE - going by the drill collar locations anyway.
Lucky Bay North not delivering sensational results just yet - although it is just a frst pass. Mineralisation looks to be quite deep in one of the holes and not particularly wide, but not killed off by any means just yet although there is a fair amount of AC drilling to the NW which might kill it off in that direction.
jman
Looks to be good to hold above 20c for the time being, no doubt helped by the resurgence in the gold price, and the attractiveness on paper of IGR's assets.
Lucky Bay looks to be a bit of a dark horse, it is clear to see in the plan view that Solomon and AurioGold hit the supergene gold but couldn't find the primary source of it - which IGR look to have done. Looks to have some depth potential and certainly some strike potential to the SE - going by the drill collar locations anyway.
Lucky Bay North not delivering sensational results just yet - although it is just a frst pass. Mineralisation looks to be quite deep in one of the holes and not particularly wide, but not killed off by any means just yet although there is a fair amount of AC drilling to the NW which might kill it off in that direction.
jman
IGR thread has been awfully quiet...
There has been a large increase in trading volume during the last two days, almost 3.5M yesterday and 5M so far today with a commensurate re-rating of the sp.
It's fair to say IGR has been trending sideways since the $13.5M cap raising, which in iteslf is not a bad thing since we have clearly reached a solid level of support and many of those investors on the share registry would appear to invested for the right reasons - hopefully we have cleared the books of any remaning toxic hedge funds.
No real price sensitive info contained in the last Quarterly, perhaps just a sign of a change insentiment towards IGR, or something in the pipeline?
There has been a large increase in trading volume during the last two days, almost 3.5M yesterday and 5M so far today with a commensurate re-rating of the sp.
It's fair to say IGR has been trending sideways since the $13.5M cap raising, which in iteslf is not a bad thing since we have clearly reached a solid level of support and many of those investors on the share registry would appear to invested for the right reasons - hopefully we have cleared the books of any remaning toxic hedge funds.
No real price sensitive info contained in the last Quarterly, perhaps just a sign of a change insentiment towards IGR, or something in the pipeline?
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,018
- Reactions
- 11,005
Very interesting move. Could it be just general market sentiment and people piling back into anything that moves?
Some random lines on a chart...
Attachments
Yeah very interesting kennas
Very substansial volume for IGR, management are generally fairly cautious and low key, and don't have a history of releasing hyped-up ann's - could be someone adding to their position in a substansial way.
Here's hoping.
The diamond drilling being carried out is mainly for QAQC purposes, and will therefore be unlikely to change the Resource picture substansially. The main reasons for carrying this out are to demonstrate the robustness of the Resource, and the effectiveness of the previous RC drilling. Twinning old RC holes and releasing them as new intersections is an old trick, I don't think IGR are up to that kind of skullduggery, but it's a little unusual to see this kind of data being released to the market.
hey guys does anyone have any advice/opinion on this stock been watching
this closely for couple of weeks
will this be good for medium term?
I did abit of search of my own and found few interesting plan this company
has in the future
#They currently have 23.5 million cash in the hand with no debt
#Randalls gold project are 70% complete.
Thank you
arian
this closely for couple of weeks
will this be good for medium term?
I did abit of search of my own and found few interesting plan this company
has in the future
#They currently have 23.5 million cash in the hand with no debt
#Randalls gold project are 70% complete.
Thank you
arian
I'm all out at 36.5c for the time being, great breakout from 20c. BFS is due to come out in about a month or so, so defeinitely keep that in mind. They'll be chewing through the money at the moment with the ongoing DDH drilling, but this should hopefully have a long-term gain in a more robust Resource...
Still no BFS
. Looking a little tenuous right now tbh, and I'm not tempted to buy into the current weakness. Should be some support at 26-27c however. The BFS might provide a brief price-spike, but I can't see it pulling too many surprises tbh.
