RE:RE:Reason 2-3 drill holes can be a game changer for Integra goldhunter
I see your post
“Nice post, especially the remark "even at 500M sharecount". I would say that the share count of 500M would mean a $1-2B Market Cap. Just look at G with a share count of 850Ms, @ $20.45/s, G has a $18B Mkt Cap, no penny stocks here for both ICG and G.”
and we are all entitled to our option on the subject.
Comparing Integra to G is like comparing watermelons to apples, G has what,, 10 mines in different parts of the world and a large cashflow Integra has 1 asset transitioning into a 150,000 oz mine that is starting out with 500 million shares and no financing and no cashflow !
Integra can get financing but at what cost,,, Integra will have to give up at lot more at this stage of development with a 500 million share albatross around their neck. Integra will have to give up a lot more of their asset then they would need to with the 500 million shares. Integra would almost be better off looking for a buyout at this juncture then go with 500 million shares. IMHO
New investors are the ones Integra needs to attract, us old investors were buying Integra shares @ .18,, we made our money ! We went from 36 million to 500 million shares,, unfortunately the share count grew faster then the share price !
M2