IGS is definitely UNDERVALUED. It is not every day you find an...

IGS is definitely UNDERVALUED. It is not every day you find an investment opportunity like this.

There are not many posters on IGS thread. So, happy to share a few links and research notes ... for those who are new IGS...

Below is a summary.

IGS's current market cap is less than its accounts receivables.


Below are some research links...

International Goldfields Ltd (ASX: IGS) is an Australian precious metals exploration company with assets in highly prospective gold fields in Brazil and Western Australia and investments in gold & silver production in the U.S.
http://www.intgold.com.au/IRM/content/default.aspx


Presentation - Merger of IGS and Santa Fe Gold Corporation (dated 12/10/2012)
http://www.asx.com.au/asxpdf/20121012/pdf/429bftpp0r2tgw.pdf



Quarterly Activities Report and Appendix 5B (dated 03/02/2014)
http://www.asx.com.au/asxpdf/20140203/pdf/42mhkcq3cmphs1.pdf