Integra Resources – A comprehensive update on the 20,000 meter drill program and PFS planned for year end
George Salamis, President and CEO of Integra Resources (TSX.V:ITR – NYSE:ITRG) joins us for a broad update on the work plans a the DeLamar Project, in Idaho, and upcoming catalysts for the Company this year.
We focus a lot on the 20,000 meter drill program that is ongoing, with a duel goal of resource expansion (immediately around the known resources) and true exploration on regional targets that have never been drilled. George expands on the new targets and what the Company is seeing in the resource expansion drilling. While the drilling continues the Company is also progressing a Pre-Feasability Study that is expected by the end of the year.
If you have any follow up questions for George regarding any of the work going on at Integra Resources please email us at ether Fleck@kereport.com or Shad@kereport.com.
Click here to visit the Integra Resources website and read over the recent news out of the Company.
I’ve been watching Integra’s pricing for some time. It looks like the price is headed to $2.50.
$2.50 on the venture.
Integra is one of the development stage companies with big exploration upside that I’ve been adding to recently, and while it hasn’t performed well recently, their team and projects are top notch in Idaho, a great mining jurisdiction, and they’ve already shown they can go the distance when Integra 1.0 was acquired for a nice premium after a big run to the upside. Just like I have confidence in the Silvercrest 2.0 team to do it once again, I have confidence in the Integra 2.0 team to do it once again.
If we get down anywhere near $2.50 on the venture then I’ll be adding aggressively to my position.
There has been some insider selling the last 6 months……..
The only sell was from the VP of exploration just to exercise his options. CEO added more than 100k the last few weeks.
This company has been one of the biggest duds this year, labored rallies that always sell off. Slowly but surely, down the tubes it goes.
Low insider ownership does not make a compelling reason to buy, no matter how flowery the talk is about it.
Only thing going for it is it’s low share structure and NYSE listing, but that’s it.
Any future good news will be met with share dilution, the company clearly doesn’t have enough money to take it past the next 12 months.