indago syndrome, page-2

Buffman - I really don't want to get involved in a slanging match here, but your support for GLI is admirable, although perhaps a bit misguided.

I can absolutely understand your frustration and annoyance with the current board - don't get me wrong, I'm with you 100% there.

BUT - and it's a huge "but" - you should still ask yourself the question I've posed in other threads: WHY is GLI even involved here? What are they after? They are not a mining company - they are a shell company of investors. The directors they want to put into IDG have had experience in mining companies, but WHY does GLI want them there? If you say that it is because GLI are also shareholders, then the question still keeps coming back to WHY on earth are they shareholders?

If you were an investment company, WHY would you invest in a company that you perceived to be badly run, unless you thought that they had something that you wanted?

And why would they want only a 10% partial takeover? And WHY would YOU want a bucketload of worthless GLI shares that you couldn't get rid of in several weeks of trading? Check their chart and complete lack of liquidity - would you really want shares in this company? I certainly wouldn't.

Don't let your anger at the current board sway your better judgement, which is just what GLI are trying to get you to do, methinks. They are relying on the fact that IDG shareholders will "give the new guys a go". But I keep coming back to the question.... WHY do they even want to have a go?

I am very suspicious of their motives, and fear that current IDG shareholders may well be left out in the cold with some worthless DIG shares and some worthless GLI shares, and no assets.

I'll be voting to stay with the current board for now, and see what happens with GLI if that vote gets up. What would their next move be?

And WHY?