RE:RE:Gold Sharply Up, Hits 2-Year High ! jmgreen
I am with you when you state,
““Surely this new PEA is going to blow everybody away. More gold, more money per ounce, more life of mine, possibly lower cost to mine, more gold processed per day.
How much of all this is already priced in? How much will we move up in September?””
I am thinking the market is not factoring in or trusts what the new PEA numbers might look like,,, as in how much of a % upgrade in all the values from the old PEA ?
But as the markets have bean burned before buying on high expectations and being disappointed,,,, the markets are now in, “show me” mode.
Show me the "money",, value first !
Back in 2011 we were trading around 0.80 waiting with expectations of a much larger Ni 43-101 Mineral Resource Estimate then Integra delivered.
It was a disappointing update and the market sold off !
(Glad I stayed with Integra, bought more shares @ .18 & .22)
NEWS RELContent body
Jun 27, 2011
Integra Gold Announces Lamaque Gold Project NI 43-101 Mineral
Resource Estimate
View PDF
I am thinking that until we see the new PEA with all it’s new numbers the market will not give Integra to much credit.
As far as new PEA numbers go in Sept, with all we can see that has bean accomplished at Lamaque, “with no debt” the market will take note. Our market cap will jump to over $500mill with a better then $1.00 share price ! IMHO
Then add a new Ni 43-101 Mineral Resource Estimate,, this should move us closer to that $1.25 share price. Just the opposite of what happened 2011
M2