RE:ICG mentioned...
There was an interesting article on Seeking Alpha today. It made a point that people here are probably familiar with, but which I had never thought about explicitly -- namely, that 'reserves' isn't a geological category, it is actually an economic category; gold that can be mined economically. Their point was that as the price of gold goes up, the reserves of gold majors expand.
I'm not saying that doesn't make Integra an attractive target, just that gold is a complicated investment space.
https://seekingalpha.com/article/4056567-resource-sector-digest-acquisition-targets