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Bullboard - Stock Discussion Forum Integra Resources Corp V.ITR

Alternate Symbol(s):  ITRG | 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 > Reactions Merger with MPM
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Post by andre171 on Mar 12, 2023 12:02pm

Reactions Merger with MPM

It's a pity that there are no reactions following the merger with MPM and the financing operations announced, whereas this deserves comments, it seems to me! Indeed, I retain videos of March 3 and 11, the evocation of a total resource of more than 6M ounces Gold Eq., the annual production of 230 to 250M ounces for 11 years and, for Integra alone “current” adding 180 to 200M to the NPV (would increase to over 500M) to account for Kinross waste.
There is also good potential for exploration, particularly in the high-grade sulphide zones that Integra continues to drill, so the plant phase could become attractive again.
Was mentioned, the intention to be stronger to attract a bigger investor. Getting a good price is very believable if the resource and production assumptions come true, as they would justify a sale at a multiple of the current capitalization (in my opinion, compared to other miners). I believe that the current problem for the entire junior sector is the limited amount of capital available, which would justify a consolidation of the sector.
Comment by andre171 on Mar 22, 2023 3:26pm
Positive assessment today of the merger by Caesars Report, but they are shareholders!
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