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hweb2

05/06/24 4:10 PM

#112786 RE: valuemind #112784

I added some IDR as well. After it pulled back from over $9 earlier down to the $8.40's. Like the sound of this CEO quote from today's earnings PR-

Mr. Swallow concluded, "Over the past 10 years our team has built a truly unique business in the resources sector and now have the right assets in the right locations at the right time. We've produced a record Q1 and Q2 is off to a great start. It is gratifying to see the business reach this level of profitability and to be able to reinvest a meaningful amount into future growth initiatives. I am as energized as ever over the position and direction of the company, and I get to work alongside a group (including my two sons) whose efforts have a direct and positive impact on the communities where we operate. We are only in the early innings of a game we intend to win."

With gold over $2300/oz, they should be set up for excellent comps all year. Their rare earth element angle also gives this one some pump potential imo

Also from today's PR-

Idaho Strategic Resources (IDR) is an Idaho-based gold producer which also owns the largest rare earth elements land package in the United States. The Company's business plan was established in anticipation of today's volatile geopolitical and macroeconomic environment. IDR finds itself in a unique position as the only publicly traded company with growing gold production and significant blue-sky potential for rare earth elements exploration and development in one Company.