IGS 0.00% 0.3¢ international goldfields limited...

mineral sands , page-17

  1. 143 Posts.
    unles there is a drilling result announcement this stock traces its cash + a few million for the projects they are undertaking

    ie: roughly $18m in cash + $4 to $10m

    so over the years the value has dropped as cash is used to fund its projects - that have returned poor-mediocre results.


    they're drilling right now in Latin America (and Plumridge most likely) but drilling results are far and few between so don't hold your breath.


 
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