RE:Upside wwadehammer
As Richard Hughes then Chairman stated
"Fragmented ownership of the Lamaque property has kept the property from being properly advanced for many years, starting when Teck began optioning portions of the property out in the 1980s”.
It’s may understanding that many of the targets were never tested because of this fragmented ownership.
This is a major milestone for Integra and the timing could not be better to the start of testing the Lamaque Deeps and Gold Rush targets. With the expanded the use of machine learning/Ai by giving SGS all of the project data to process and derive targets is a bonus !
With all the barriers out of the way I do feel there is a great chance of discovering more plugs on the property that are similar to the Sigma Lamaque or Triangle Zone's !
But as Gwen Preston from Resource Maven pointed out,
“Integra doesn’t have to develop all the deposits; all it needs to do is prove the path for how Lamaque can reach 200,000 oz. of annual production”
I now believe a major will buy Integra within 12 to 18 months,, 18 months with a FS !
“Midtier miners looking to expand their portfolios in the near term are undoubtedly eyeing the company up.”
Looking at potential producing of 250,000 oz gold annually with a 6 to 8 million oz resource we are looking at a lot more then .93 cents,,,,, on a buy out 12 to 18 months out,, $3.00 / $1.5B ?
Keep buying on Dips ! IMHO
M2