IRC 8.00% 13.5¢ intermin resources limited

Book value of IRC's gold resources ?, page-11

  1. 682 Posts.
    lightbulb Created with Sketch. 51
    Since my above post of 15 Sept. '18 there has been two beneficial changes for IRC and gold miners in general ie



    15 September 2018                                                          12 October 2018

    US Gold price(per oz)   US$1,193                                     US $1,220

    AUD Gold price           AUD$1,669                                   AUD $1,712

    IRC's JORC                 433,000 ozs                                   562,000 ozs

    NB Updated JORC for Anthill being worked on as we speak which should increase our JORC to ~700,000 ozs

    (target 1,000,000 ozs by Dec'18 or March'19 quarter).


    What's not to like about all this ?

    Most of us would agree it's only a matter of time before IRC's SP reflects these changes and IRC's great potential going forward

    -and with our vanadium project only waiting for our Chinese friends to hurry things along.

    A good time to buy for anyone with spare cash.

    Food for thought ?-Maybe JP might consider a buy back of EGS' reported remaining 8m IRC shares and cancelling them out !

    This would get rid of the overhang on our SP.








 
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