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Integra Resources Corp V.ITR

Alternate Symbol(s):  ITRG | V.ITR.WT

Integra Resources Corp. is a precious metals producer in the Great Basin of the Western United States. Its principal operating asset is the Florida Canyon Mine, located in Nevada. In addition, it is engaged in advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho and the Nevada North Project located in western Nevada. The Florida Canyon Mine is located about 125 miles east of Reno Nevada, and immediately south of Interstate 80. The mine produces gold by conventional hard rock open pit mining with processing by two-stage crushing and Run of Mine (ROM) heap leaching. The DeLamar Project is a gold and silver mining development project located in Owyhee County in southwest Idaho. The Nevada North Project includes the Wildcat and Mountain View deposits in northwestern Nevada. The Wildcat Deposit is a resource stage gold-silver deposit. The Mountain View Deposit is located within the Deephole mining district in Nevada.


TSXV:ITR - Post by User

Comment by metalhead666on Dec 18, 2021 5:55pm
82 Views
Post# 34243972

RE:RE:RE:$5 minimum price target

RE:RE:RE:$5 minimum price targetClearly there are a couple of other things that have been working against us that are about to work for us....Tax loss selling has been brutal across the board AND gold and gold miners have been totally out of favor.  Tax loss selling should be just about complete leading to the "Januaary effect" where the losers get bought back AND crypto and tech are taking it on the chin now so that easy get rich quick scheme is over.  The smart money knows the FED blundered and with inflation teaming up with rate hikes (tightening) the economy will rapidly decellerate causing the FED to reverse course once again....That should get money moving into precious metals in a big way as the new asset class to chase higher....Next year I wouldn't be surprised to see $2500 $3000 gold and the miners repeating the 2016 move of a double or triple in a few months....probably mid year into year end. So I'm in at around $2 US and think I got an incredible deal. 
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