Here is what's coming ??? Here’s the deal with Integra ?
Integra is in a great speculative situation, transitioning into a producer at a capital cost of only $110 million, great exploration potential at the Triangle Zone and Lamaque Deeps and a possible 1.5 million ounce resource update from Sigma coming in June.
As ukermann suggested a mid tier or major player may be looking at Integra,,(my thoughts) willing to make a bid and invest $200 million @ $1.05 for a 40% stake.
That would give Integra a 40% premium to our share price, launch Integra into a gold producer, no debt, generating $90 to $120 million in cashflow ! (as per George Salamis)
Where would a mid tier or major find a company with Integra’s potential,,, to grab 40% of the action for $200 million ?
M2