Club Mulgoa

Sunday, December 04, 2011

IGR

Producer and explorer. And despite good announcements, its share price has been hovering around level which does not reflect the rise in the price of gold nor what it has been uncovering.

What made me put this posting? Well, when IGR poured its first gold (not that long ago), it offered its shareholders the opportunity to buy 1 oz gold nuggets at USD$1450 an oz. I bought 2 and was looking at them. In around 1 year, they have gone up by USD$300 each.

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