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INTERNATIONAL GOLDFIELDS LIMITED... (ASX:IGS) - Nice Article on WG - Very well put together!, page-21 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
IGS 0.00% 0.3¢ international goldfields limited...

Nice Article on WG - Very well put together!, page-21

  1. 13 Posts.
    Here you go..much harder to read this way without my replies in CAPS but apparently that's SHOUTING...so I will go with bold

    let me educate a little bit here because this is a lot of misinformation.

    "the picture in the presentation is simply plucked from the website of the business park. i know of nothing linking it to wg."

    wg occupies half of this building. wg have the only private lab in the country.

    "the reference to the lab being in a converted barn was in an article relating to negotiations between a junior miner from canada and wg"

    its a $50 mil facility

    "i understand that the climate in uruguay is not particularly supportive of outdoor growing. two crops would be pushing it, and because the cost of electricity is 3 times higher there than the us, indoor growing is not very economical."

    the short answer is no. just completely incorrect assertion. electricity as an overall input cost in production isn't even on the radar screen - the company gets 100k/kilo.

    " setting up 20 hectares of indoor is a multimillion dollar proposition. i also have reservations about the figures given for cbd, which seem to have gone from $60k to$100k in very short order."

    it does not need to be set up indoor. 60k and 10k is the difference between processed and raw.

    "the land is leased, the lab equipment seems to be borrowed"

    the land is leased is an issue because? the equipment is all provided under the exclusive deal with the government

    "and there is very little obvious ip"

    simply a completely ignorant statement.

    i would suggest that you call or email the company and ask questions rather than making uninformated statements without even the couth to do some research first.
 
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