Bullboard - Stock Discussion Forum Integra Resources Corp V.ITR

Alternate Symbol(s): ITRG | V.ITR.WT

Metals & Mining Gold

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

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TSXV:ITR - Post Discussion

Integra Resources Corp > Big mistake

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Post by deepthinker63 on Feb 22, 2022 1:29pm

Big mistake

Doing the PFS now was obviously a mistake. With costs rising, the correct move would have been to drill and expand the resource, not spend money on an unattractive PFS. Now, they're stuck, because everyone knows they won't build a mine. Why should ITR shareholders spend $50 million permitting someone else's mine?

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