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 > Time to take an offer...running out of cash

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Post by frances1 on Apr 06, 2022 8:17am

Time to take an offer...running out of cash

Time to call Coeur and sell this for $150M usd...not sure if they will bite however, running out of money and cant rasie at these prices....downward spiral after that.

Currently trading under $90M usd...crazy

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Comment by andre171 on Apr 06, 2022 9:19am

I doubt that CDE would give 150M when it already lacks the means, in particular to develop Rochester and Silvertip! CDE did not take just a small stake in ITRG. However, if the doubling of the number of its shares is approved at the next shareholders' meeting, it is quite possible that an acquisition operation will be planned (ITRG, Victoria ???)! I would prefer ITRG to develop on its own ...more

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Comment by frances1 on Apr 07, 2022 7:54am

I agree, looks like they lack the means to spend on this project. Just dreaming, bought all the way down from $3 to $2.65...thought when I was paying in the $2.60's I was stealing....oh well time to stop looking at it for a while I guess

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