Post by
metalhead666 on Dec 18, 2021 9:28am
$5 minimum price target
This has gotten to be ridiculous now....At 5 million ounces on a project where the workers can drive home to Boise for lunch...that was a past producer....that has uncovered some huge high grade not even included in the resource or the upcoming PFS....any major looking for a sure fire 5 million low cap ex high margin addition need look no further. Integra in the ground resource is now valued at a stupid low price of $30 give or take. It should be worth $100 as is and that would still be a great deal for any major looking for a safe, predictable high margin project with a long mine life and a $hit ton of exploration upside that's only now getting tapped.
I maintain that we get bought out not long after the PFS at $5 or $6 and that would be a bargain at around $60 per ounce in the ground.
If there's still idiots taking tax losses on this next week I'll be adding more and thanking them. Come Jan everything changes in a big way