Integra Resources Corp V.ITR

Gold and Silver are going to move...buy more ITRG!

[metalhead666]

The feasibility study is going to be hopelessly outdated given recent drill results and a move higher in precious metals....Any major looking at us isn't going to wait very long before making an offer as they know they're only going to pay up later.  We're a coiled spring. booyah!

[metalhead666]

Gold looks serious about staying above $1800.  Plug that into the PFS and it's going to be spectacular.  I honestly don't think this project lasts long...too compelling now to a host of mid tier miners wanting to add ounces and a superior project to their portfolio.  If we're still an independent company come Feb I'll be shocked. Either way we're going to reap a

[andre171]

Experience has taught me to beware of optimism before publishing a PEA or PFS. Thus, in February while we expected a nice revaluation for Tresasury Metals, the PEA presented an NPV well below expectations! I'm not saying it will be the same for ITRG, but I'll be relieved if the PFS comes out quickly and gives an NPV of at least US $ 750M! On the other hand, analysts are far from unanimous

[metalhead666]

The PFS will of course be based on a lower more conservative price of gold but it's not very hard to scroll down to the "sensitivity" chart that shows the financials for various other gold prices. If they use $1650 as a "base" case then you just plug in spot, $1900 $2000 etc which only radically make the economics better.  Remember too that this PFS won't even

[metalhead666]

The other thing to keep in mind....Inflation is going to rampage for some time. All the "liqudity" created isn't going to go into bonds and it's not going to go into the absurdly priced tech, spac, dream stocks....it has to go somewhere and I'd argue it will go into precious metals and mining stocks...real assets....metals, oil, real estate etc...This will fuel even more

[andre171]

You are right about these fundamentals, I recognize them too, but market sentiment sometimes deviates for a long time from the analysis that the fundamentals should suggest. When you say "I see an NPV double what you're hoping", what is your prognosis for the NPV that the PFS will contain? Glad to discuss with you because there are not many speakers on this forum anymore whereas I

[metalhead666]

Bonjour, Commet ca vais?  I think the PFS NPV should be close to 700 million.  I agree with you regarding sentiment....it's essential that it change. Given that sentiment has been in the gutter for some time now I don't think it will take much to turn it around. Given how large the sentiment shifts can be in this market we could see quite the bullish swing in our favor.  I