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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

Post by frances1on Jan 28, 2022 11:36am
156 Views
Post# 34371482

Perplexing Really

Perplexing ReallyGold and equities are getting crushed...I am the first to put my hands in the air and say I dont understand the price of gold. One would think the Fed announcement this week fixed everything however I dont believe they raised or lowered rates....they certainly didnt address a debt bomb that can never be paid back and perhaps a dollar that is not backed by gold should be linked to a countries ability to repay it's debts without having to get the ink and paper out again. The real interest rates with inflation is out of control....let's say negative 5 % ??? I know I finished my economics degree 30 years ago and I admit I am starting to forget things but generally if I am presented with something logical I still understand ( for a few short moments anywasy ) I don't know what happend to gold this week, why is it down?
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