IGS is definitely UNDERVALUED. It is not every day you find an investment opportunity like this.
There are not many posters on IGS thread. So, happy to share a few links and research notes ... for those who are new IGS...
Below is a summary.
IGS's current market cap is less than its accounts receivables.
Below are some research links...
International Goldfields Ltd (ASX: IGS) is an Australian precious metals exploration company with assets in highly prospective gold fields in Brazil and Western Australia and investments in gold & silver production in the U.S.
http://www.intgold.com.au/IRM/content/default.aspx
Presentation - Merger of IGS and Santa Fe Gold Corporation (dated 12/10/2012)
http://www.asx.com.au/asxpdf/20121012/pdf/429bftpp0r2tgw.pdf
Quarterly Activities Report and Appendix 5B (dated 03/02/2014)
http://www.asx.com.au/asxpdf/20140203/pdf/42mhkcq3cmphs1.pdf
IGS is definitely UNDERVALUED. It is not every day you find an...
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