Integra’s days on the TSX-V are numbered !
Signs that juniors are out of favour amongst the speculating class, or that the appetites of the speculating class are diminished. Financings, the lifeblood of explorers, have dried up making it difficult, even impossible, for juniors to fund their exploration programs.
It is paramount that Integra delivers a resources update (NI 43-101) and a Preliminary Economic Assessment (PEA) before they run out of money. Lamaque is worth a lot more then the $0.22 ($19.5 Mill) the TSX-V giving Integra ,, Mr Munday and other large investors want to see where Integra is at in terms of a resources update and PEA . I did hear they felt Integra should be worth .80 to $1.00 ($68 to $86 mill) so it will be interesting to see how many shares insiders like Mr Munday, Sheldon Inwentash and George Salamis buy up to the date of the resource update and PEA report. Anyone think Lamaque could be worth ($1.16) $100 mill with about 1.2 million high grade oz just in the #4 plug ?
The insiders will know before we do !
As for Integra,, they will attract a JV partner or be taken over by a mid-teir gold producer !
.Please see map below for details.
Link to updated project map: http://www.brmstatpack.com/lt/1005/1307/integra-gold-property-zone-map