International Goldfields is owned by Sage and purchased 85 per cent of Winter Garden
Lets have a look at Mr Sages very impressive list Subsidiaries. Almost as impressive as the inter loan list between them.
African Minerals Exploration Pty Ltd Australia
Aurora (Bermuda) Minerals Limited
Bermuda Aurum (Cote d’Ivoire) SA Limited
Cote d’Ivoire ermuda
Aurex Cote d’Ivoire SA Limited Cote d’Ivoire
Australis Exploration Pty Ltd Australia
Buka Minerals Pty Ltd Australia
Cape Lambert Minsec Pty Ltd Australia
Central African Resources Limited Australia
Danae Resources Pty Ltd Australia
Dempsey Resources Bermuda Limited Bermuda
Dempsey Resources Pty Ltd Australia
Fe Limited2 Australia 57.9% - Marampa Iron Ore (Bermuda) Limited Bermuda
Marampa Iron Ore Limited British Virgin Islands
Marampa Iron Ore (SL) Limited Sierre Leone
Metals Exploration (Australia) Pty Ltd Australia
Metals Exploration (Bermuda) Limited Australia
Metals Exploration (Guinea) Limited SA Guinea
Metal Exploration (Mauritius) Limited Mauritius
Metal Exploration (SL) Limited Sierra Leone
Mineral Exploration (Bermuda) Limited Bermuda
Mineral Assets (Bermuda) Limited Bermuda
Mineral Assets Pty Ltd1 Australia -
Mineral Projects Pty Ltd Australia
Mineral Resources (Bermuda) Limited Bermuda
Mineral Securities Investments (Australia) Pty Ltd Australia
Mineral Securities Holdings Pty Ltd1 Australia -
Mineral Securities Limited British Virgin Islands
Mineral Securities (NK) Pty Ltd1 Australia -
Mineral Securities Operations Pty Ltd Australia
Mineral Securities (UK) Ltd UK
Minerals Exploration (Cote d’Ivoire) SA Limited Cote d’Ivoire
Mining International Pty Ltd Australia
Mining Quest Pty Ltd Australia
Minsec Investments (BVI) Limited British Virgin Islands
Minsec Investment Holdings (BVI) Limited British Virgin Islands -
Mojo Mining Pty Ltd1 Australia - 100% Mt Anketell Pty Ltd Australia
Pinnacle Group Assets Limited British Virgin Islands
Pinnacle Group Assets Limited SA Guinea
Pinnacle Group Assets (SL) Limited
Nope! No IGS there.
Cross referenced CFE and IGS top 20.
Nope. No Sage there either.
Any loans that would mean Sage owns IGS. Nope.
On the board? Nope.
Hmmmm
Well it is just a sports article after all! They can say anything. It doesn't matter how untrue it is.
IGS Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held