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Bullboard - Stock Discussion Forum Integra Resources Corp ITRG


Primary Symbol: V.ITR Alternate Symbol(s):  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... see more

TSXV:ITR - Post Discussion

Integra Resources Corp > This guy gets it
View:
Post by deepthinker63 on Feb 10, 2022 5:10pm

This guy gets it

@Jerich0 The production scales of the 2019 PEA vs. the 2022 PFS are not comparable in the slightest @2065. If you look at the production output (both ounces and tonnage) you will see that they were designed around completely different operating fundamentals. A lower IRR to add significant tonnage and produced ounces is a much better trade-off than a higher IRR based on a smaller piece of pie...
Comment by deepthinker63 on Feb 10, 2022 5:13pm
Plus, just getting started figuring out how much beneath the pits and adjacent.  Sell off overdone.  One analyst used the word "irrational".
Comment by metalhead666 on Feb 10, 2022 5:18pm
It's in the "orphan period"  It won't do squat unless gold takes off or they put up relentless high grade drill results.
Comment by deepthinker63 on Feb 10, 2022 6:29pm
It's an explorer with an existing resource.  
Comment by andre171 on Feb 11, 2022 2:52am
You're right, it's critical to try to figure out how much below and adjacent pits. I am thinking in particular of the potential of Sullivan Gulch. I am trying to assess its fine mineralization and we will exchange our calculations if you wish.
Comment by deepthinker63 on Feb 11, 2022 9:58am
Yes, very interested 
Comment by andre171 on Feb 11, 2022 11:01am
Ok, we will discuss by private message on the subject.
Comment by andre171 on Feb 12, 2022 10:10am
Have you figured out how many under and adjacent pits and if so hopefully we can compare your estimates with minnes (possibly by private message)!
Comment by deepthinker63 on Feb 12, 2022 1:08pm
No, but I'd be interested to hear your estimates.
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