RE:RE:RE:THE NEW PEA!! blue
Great post as always !
You pointed out ,
“There's no doubt in my mind that this stock is extremely undervalued due in part to an outdated PEA, and the lack of an complete up-to-date RE on Triangle”
Also, I have felt Integra has received very little value for the Sigma property, mine and mill,,, that will all chance this year.
The market will have more confidence in the Sigma resource after Integra puts out "the mother of all" updates in the first quarter.
The Sigma Mill is a strange one for applying a value to at the moment, in that Integra is still in the development stage and in no need for a mill. This will all change when Integra gets closer to mine development, the market will realize “then” there is a $100 million sitting there ready to be used. (FS)
Also the value of the Sigma property for it’s exploration value will not be realized until Integra announces a new discovery at theLamaque Deeps and GRC Toyota target.
For now the market is saying, lots of good talk on both targets,,, lets see if anything materializes,, show me some good drill results first, then we will pay up.
“If”,,, the Sigma property comes through with a few discoveries and we get closer to utilizing that $100 million $ mill Integra could become a $3.00 stock. IMHO
I think this will be the break out year for Integra.
M2