InvestorsHub Logo
Followers 7
Posts 1142
Boards Moderated 0
Alias Born 12/17/2002

Re: None

Thursday, 05/11/2006 4:19:54 PM

Thursday, May 11, 2006 4:19:54 PM

Post# of 12889
I am not much of U308 man...so a question to the board: IRNG (pinks)

a vancouver friend of mine has got 1 millions shares of IRNG (Int. Ranger Corp) - that kind of position i have to have a look in.

this is what i can find...

"1.62 million tonnes of uranium ore at a grade of just under 2 lbs/ton." (not compliant) that's about 80 bucks a ton rock - sounds good.

that's about 6,966,000,000.00 bucks worth, give it 10% insitu and it still is 696,600,000.00 bucks. property also has moly and some REE.

59,550,362 shares all out

current price .25

MC = 14887590.5

MC will go 468 times into resource insitu. share price should be about 117 lol.

i can't seem to notice anyone talking about this stock (why?) and why is trading at this value (caz its in BC?)

thanks for you help people!

McB

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.