Today we review Integra Resources. What is Integra Resources? What do they offer you (the investor)? Are there better alternatives? This is just a few of the questions we help you answer!
Name of the company: Integra Resources
Official Website URL: https://www.integraresources.com/
CEO: George Salamis
Products: Gold, base metals, Gold stocks
This review is about Integra Resources which you may or not have heard of. I will be focusing on some of the very key elements of this company, as I try to find out whether it is one that you can trust and rely on. I will also introduce some alternatives to this company which I think you will find very valuable as an investor. Stick with me till the end as I lay out these details by answering the following questions :
– What is Integra Resources?
– How does it go about its main operations?
– Which products does it offer?
– Is it legit?
– Which investment opportunities can investors look out for?
– What is some good alternative investment options?
– What are the main benefits and drawbacks of dealing with this company?
What is Integra Resources?
Integra Resources, which formerly went by the name Mag Cooper Limited, exists as a Canadian-based mining company. This company’s main focus lies in the acquisition of productive mines, as well as the exploration for potential gold reserves, and a number of other mineral commodities.
Integra Resources is, in its capacity as a development-stage company, keen on the advancement of its operations in DeLamar and the Florida Mountain Gold-Silver deposit. This company is overseen by a team of very able management directors who see to it that mining operations are well optimized to ensure that a strong balance sheet is maintained.
How it works
The main highlight of this company’s operations is based on the project dubbed the DeLamar Gold Project. This project consists of the DeLamar Mine and the Florida Mountain Gold-Silver projects. These operations are based in the renowned DeLamar district, and more specifically in Southwestern Idaho, some 80 kilometers away from Boise.
This project was previously owned and operated by the famous Kinross Gold Corporation which is gold production giant. Kinross Gold ran its operations in this region until 1998, when the low prices of the precious metals it produced led to its executive directors deciding to place it under care and maintenance.
The DeLamar area, in which Integra Resources is now fully invested in, is known for having a very rich history in mining as well as exploration. This region has in the last century produced 1.6 million ounces of gold and an extra 100 million ounces of silver.
Integra Resources’ main activity in this region has been the drilling of holes in the bid to identify new areas of mineralization that were barely explored by Kinross Gold. Its plan for 2019 is to drill 20,300m, distributed in the following manner:
– Florida mountain – 10,000m
– DeLamar Deposit- 6,000m
– Regional targets- 4,300m
This company’s activities in the DeLamar region are mainly focused on the production of gold and other base metals. As such, precious metal dealers can rely on this company’s mining operations to obtain gold and silver in large quantities.
This company also offers stocks to companies through the following major exchanges:
– Toronto Stock Exchange-Trades under the ticker ITR
– OTCQX-Traded under the ticker IRRZF
This company is also registered under the ticker CVE: ITR.
Is it a genuine company?
Integra Resources is 100% genuine, and so are the products that it offers. The information on its stocks, for instance, is available on Yahoo Finance, and Bloomberg. On these two platforms, you can access information that verifies the daily activities of Integra Resources as the prices of the shares change. This is a true reflection of this company’s genuineness.
In addition to that, this company’s top management officials have their information availed on the official website. The most senior directors in this company include:
– George Salamis – The President and CEO.
– Andree St-Germain – CFO & Corporate Secretary
– Max Baker – Vice President, Exploration
– Tim Arnold – Vice President, Project Development
– Stephen de Jong- Chairman
Integra Resources is very keen on delivering value to investors, and it does this by giving them the opportunity to invest in its stocks that are listed in several precious metal exchanges. If you have been in the mining stocks arena there before, you can seize this opportunity to check if Integra Resources stocks are worth trying out.
Investing (Alternatives) to Integra Resources
Investing in mining stocks is akin to investing in risky assets. When you purchase Integra Resources’ stocks you place your confidence in this company’s directors to steer this company into success. If this company incurs huge losses and does not perform well, your investment is usually affected adversely. As opposed to exposing yourself to such major risks, you can place your confidence in a more stable asset, such as physical gold which GoldCo can help you invest in. This company is very excellent in overseeing precious metal IRA accounts and has actually had close to nil complaints over the years. With physical gold, you will have shielded yourself from major price fluctuations and you will end up earning an investment income from the eventual sale you make since the prices of gold are on a generally upward trajectory.
Those who have set their minds to deal with mining stocks can also do so in a more sure way. The Resource Insider presents the very valuable tips that you can rely on to make huge gains by investing in mining and energy resource stocks.
Think about it:
You may have already seen what happens to stock prices every time there is a major economic crisis. Investing in physical gold through a gold IRA will present you with a list of many benefits, including the professional services of the custodians who guide you on how to structure your portfolio.
With a company such as GoldCo, for example, you can invest in an IRA.
I also want to recommend Resource Insider as they let you invest like a Mining Magnate without you having to be one… If you want to profit from the mining industry and get (huge value) insider info.
Both of the companies mentioned here also offer other services that you as an investor might find very beneficial so it might be a wise thing of you to have a look at both of them and take advantage of their great FREE services to start with.
Our #1 recommendations (best of both worlds) below:
Pros and cons
It is always a good idea to compare the positive sides against the negative ones and compare them against each other before you make any investment decisions. As always in our reviews we provide you with some clear points on both sides of the spectrum:
– Located in a region that has large mineral reserves
– Ran by experienced leaders
– The mines are long-life
– Constantly conducting exploration activities
– The stocks it offers are not as valuable as those offered by other gold producers
– Its stocks are subject to very large price fluctuations.
Do You Own or represent Integra Resources?
If you are a representative, or associate of Integra Resources and have found something not to be correct in this review please, feel free to tell us and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to email@example.com.
Final words and verdict
Overall rating: (3.5 / 5)
Ok, I think that sums up the overall view of Integra Resources pretty good. It is a legit service for sure, however, if it is the right one for you or not is something you have to decide yourself. It is always a wise thing to educate yourself as much as possible in the areas you are interested in. It might be a good thing for you, however, make sure to get your info from more than one source.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
What I would recommend?
There are many great investment services out there. We have many Gold Mining investment opportunities and services, coin dealers, IRA service providers, and financial services in general listed on this website, mostly for precious metals and Bitcoin but also for other alternative investments.
You can find the best from 2 worlds that we can recommend below:
I hope you found this short review of Integra Resources to be helpful and that you now have a better understanding of what it is and if it is something for you or not. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com