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spikeup

2,008 Posts.

51

23/03/17

18:08

Post #: 23583213
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Originally posted by Macleod22 ↑

Apparently its still a work in progress situation. Many items that directors must clear up before suspension can be removed. ASX is examining all aspects and enforcing strict compliance.

A suitable asset has been identified and due diligence conducted. Funders and Con Note holders are ready to support the company.

BUT is a matter of time... 2-3 months has been indicated as possible relisting.

Santa Fe Gold Holding

In the meantime the 9.52 million Santa Fe shares that IGS holds have jumped in value to A23.5c ( $2.24million). They were 5c a few months back. I had been told by SFG exec that US 30c was possible by year end I recall.

Read post thread titled "2017"........On 31.12.16 KIWI was critical of my comment of the 30c target. Well its gone beyond half way ( jumped from US 5c to US 18c) in less than 3 months.

Await company's next Progress Report for official details.

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Your post caught my attention where you mentioned Santa Fe performance.
It's one that I traded ages ago. Was not aware of their more recent performance.
We can only hope to replicate something in that calibre for IGS.

IGS Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
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