IGS Admin Jan 2014 to Mar 2014 = $174,000 Apr 2014 to Jun 2014 =...

IGS Admin Jan 2014 to Mar 2014 = $174,000
Apr 2014 to Jun 2014 = $100,000
Jul 2014 to Sep 2014 = $85,000 (estimate)

Very big sliding scale above which does'nt add up ! Not one of the Directors salary / fee's have changed by way of Ann like other companies trying to reduce over head costs.

IGS 3rd Quarter - Expenditure estimated to be $285,000 yet IGS only has $210,000 in the bank. This suggests that IGS will not be able to meet it's accounts as forecast as $285,000 when they fall due, as such that would suggest they maybe trading as insolvent at some time ? Is this to be expected ??

Still haven't finished the 6,000 m drill program with results released = very bad joke !!

Drilling started Ann 24 March 2014 with a second drill rig on line approx May 2014 that 4 months or 120 days to drill 6,000 m. Or 50 m drilled per day over this period - even an idiot cold drill that, but not IGS !!

Time to go Directors !!