IGO 1.27% $4.80 igo limited

exploration results

  1. 8,972 Posts.
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    IGO has announced the identification of 4 significant anomalies in the Musgrave JV with Goldsearch.

    The backgrund nickel results were quite large and consistent, and I think has excellent potential to be proved up as a significant nickel resource, although unlikely to be high grade, more likely are large orebody with mid grade 1-2.5%.

    Tomorrow should be interesting, will it respond like all the other nickel wannabes have after they've come out with bogus nickel announcements.

    I expect it will recover the ground it lost today...hope noone here has sold...and i hope everyone read their annual report, which gives a good indication of the potential of the company.

    IGO quarterly should also be out next week.

    Cdchi1
 
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