400 million share factor ! Well what can be said about the resource update, it was great ! Only problem. it takes a lot to move 400 million shares.
It will take a “over the top PEA” to move the share price up over .50 IMO . Remember @ .50 would give us a $200 million market cap, those who are looking for .80 ,, this would give us a $320 million market cap.
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Instead of giving away Integra’s future value on a quick buyout I would rather take a small rollback in shares. Integra would be worth a lot more as a operating mine and a listing on the TSE, New York Exchange and the Frankfurt exchange.
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Sorry,, it is going to be hard for a junior, even with a great prospects, to move 400 million shares at this stage of development !
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M2