This company is trading at around its cash backing . It has...

This company is trading at around its cash backing . It has extremely good potential acreage and a good geological team in its various geographical areas . It also now has a competent and focussed management . The secret to success will be how wisely it allocates the cash across its portfolio to maximise chances of drilling success. I believe that , with CFE acting as a benevolent Big Brother , it knows how to invest wisely .
The only disappointment to me so far ( as a LT Corvette holder ) in Plumridge, which appears to have nothing despite encouraging early results . Otherwise I see this as a great ' blue sky ' opportunity . I only have 250,000 but am now back in the market for more. I see 5 cents as the absolute bare-bones minimum valu for IGS and honestly believe that any decent drill results will shoot it up to 10 in no time.