RE:Triangle Could be Another SigmaGood post wwadehammer; it is food for thought. I suspect there are another 10 million ounzes in Lamaque, Sigma, Triangle, etc.
If Integra proves this out before being bought I think the market cap is $2 billion based on $200 per ounce in the ground. By the middle of 2017 I suspect we will have a pretty good idea of where Integra stands with ounces in ground.
This may or may not happen. Management seems to have the shareholders best interest.
Gwen says she is staying around till Integra gets a bid. If Integra goes into production I will likely keep some shares but I don't think this happens.
I see Integra as a rather unique company in that it has a high price potential as well as being a safe investment. Even if the price of gold drops $200 Integra will still make good money.
The share price of Integra has continued to increase or be stable the last few years. Management continues to significantly add value.
Owning ICG shares for me is a hedge against financial instability. It appears to be just a matter of time before the economy here in the US tanks; the printing presses are running too. We understand what this will do for the price of gold.
Plus, most of US companies are overvalued from what I can tell. Canadian small caps offer some of the best values in the world.