"However the trading halt and VS is due to an acquisition isnt it ? and I cant see the Plum project with AAQ being the reason."
I believe this is correct.
"However, IGS ann TH with intention to advise significant acquisition by 11/10/12 but then go into VS what the hell? Didnt they have there paper work or ducks all in a row in the first place ? and why is there no indication as to how long the VS is ing to be ???"
Trading Halts last 2 days max. It is quite common for companies to go into Suspension after this period lapses to effectively give them a longer period of no trading. Essentially they do this to give themselves more time.
I find this acquisition interesting as I don't believe Latin Gold or African tenements put the company into a trading halt. Neither did selling Plumridge for 3m. So it may very well be significant... I could be wrong.
IGS Price at posting:
3.6¢ Sentiment: None Disclosure: Held