Yes I agree things could get very exciting for IGS from its Brazil project, nothing really interesting about other projects in IGS and I think the Brazil operations are really the only and best asset.
The Ann today is really great news and the gold grade is "King".
However, I noticed in Ann 29/08/2013 the maiden resource was going to be on "several prospects"; Uniao, Ney, Morro do Carrapato, PF vein, Ana South, Ana North, Ana East, Bigode and Jaca all in the map. Now the 02/10/2013 Ann only talks about 4 prospects for maiden resource - what's happened ????
Based on Ann 02/10/2013 the maiden resource should only be a couple of weeks away I would estimate and the release f this may make IGS - "FLY" ??
WHY ? isn't IGS being promoted as a company though ?? No new presentations, no broker report or support. This does seem to indicate management are not pushing this project ! and how does IGS get more equity in the JV than 35% after bringing to the JV such a large land holding ?
IGS Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held