Rising gold price., page-18

Yes indeed.
Also return of Menzies should increase IRC's gold from current 609,000 ozs
to 780,000 ozs and not counting some other upgrades coming soon.
NB Last year some juniors were being sold off/valued at AUD$100-00 per oz
and this was prior to recent rise in the gold price.
On this basis IRC would have a min. value of ~32.5 cents per share excluding
vanadium and other upgrades but assuming the Menzies 171,000 ozs
is returned to us.
Calculation-780,000 ozs x $100 = $78m divided by ~ 240m shares(undiluted).

SP-currently only sellers @ 16.5 cents and above.
Is the breakthrough finally near ? Hope so, as I'm still under water with my av.cost
of 17 cents.