Integra Resources Corp V.ITR

Time to take an offer...running out of cash

[frances1]

Time to call Coeur and sell this for $150M usd...not sure if they will bite however, running out of money and cant rasie at these prices....downward spiral after that.

Currently trading under $90M usd...crazy

[andre171]

I doubt that CDE would give 150M when it already lacks the means, in particular to develop Rochester and Silvertip! CDE did not take just a small stake in ITRG. However, if the doubling of the number of its shares is approved at the next shareholders' meeting, it is quite possible that an acquisition operation will be planned (ITRG, Victoria ???)! I would prefer ITRG to develop on its own

[frances1]

I agree, looks like they lack the means to spend on this project. Just dreaming, bought all the way down from $3 to $2.65...thought when I was paying in the $2.60's I was stealing....oh well time to stop looking at it for a while I guess

[deepthinker63]

Death spiral?  I don't see any creative solutions here.