(1) Since March 2014 has completed 3,838m of 6,000m program in 8 months - incompetent !!
(2) Santa Fe Gold (SFEG) - investment of IGS $4m and SFEG looking at bankruptcy - criminal !!
(3) IGS has $140k in bank and proposes to spend $485k to December 2014 - how ? is this not trading whilst insolvent in the fact that IGS cant meet $485k costs from current funds of $140k on account.
This 3rd Q report is just a rehash of other reports with no new information or defined direction to any sort of production.
Hang your heads in shame Directors !!!
IGS Price at posting:
0.2¢ Sentiment: None Disclosure: Held