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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 frances1on Jan 26, 2022 7:10am
99 Views
Post# 34361198

RE:Do we need a bigger Mill?

RE:Do we need a bigger Mill?150k ounces x $1000 an ounce = $150M per year

pay your taxes at 40% and net $90M profit

Divide that by 62M sharest and you have $1.5 per share

Payout $1 dividend per share and keep the rest for on going drilling

Now I can retire....going to buy 100k shares at this beautiful price of $2.50 and for an RRSP worth $250k you can retire with a $100k per year in dividends! 
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