RE:RE:ICG sells nearly half of it's Eastmain shares The selling of Eastmain shares is a surprise to me, which either means Eastmain upcoming drill results are not coming in as expected (Herve would be key here), or more likely, just taking profits off the table, using them for future ICG expenditures, helping in reducing any future debt/equity financing.
Adding to what I previous posted concerning the conversion of the existing exploration claims to mining leases at Triangle before production can begin, as reported on sedar, the detailed economic study that's needed will come from an internal feasibility study, and not a full-blown FS on the entire Lamaque Project.
Concerning Parallel - The cost of UG exploration/development could come in at 2/3 less than that of Triangle.
"In the North Zone, access to the Parallel Zone will be achieved through the completion of a 700 m lateral ramp starting from existing Sigma mine underground workings. The existing underground workings are 4.25 m by 4.25 m and are accessed by a fully serviced portal, including ventilation, power and water services, with the entrance in the southeast wall of the Sigma pit. The starting point of the ramp to the Parallel Zone is located underground, approximately 200 m from the portal entry-way in the pit. It is estimated the ramp can be developed and advanced at a rate of 180 m per month."
https://www.integragold.com/i/maps/Integra-PZ-infrastructure.jpg
As far as the PEA being pushed back, I would be all for a release after both the December's gold options expiry on the crimex, and the Fed meeting Dec. 12, 14, where at both events the crooks like to bring the POG down.
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M2, that should of read "M2 no longer talking of a rollback .... LOL". Also the upcoming PEA should show an NPV of over $500M or a per/share value of $1.00+. GLTA