So now we wait one month for the 1st 1/4 report from IGS to find...

So now we wait one month for the 1st 1/4 report from IGS to find out the bad news I think most SH know is coming !

How come IGS still promotes its interest by way of merger with SFEG on its web page ? when merger failed ??

Web page;
IGS is also aiming to generate returns for its shareholders through exposure to prudent investments in producing assets in the U.S. with existing gold and silver production and significant potential for further growth.

I wouldn't say "prudent" at all, more like disaster for IGS SH.

Looks like CFE owns 26.02% of IGS and TS did the disaster contract with SFEG and then ran off the Board, one has to consider is TS a "shadow director" of IGS ??

So 73.8% of IGS SH are institutional and or mum's and dad's investors. Any re capitalisation of IGS by way of con note or capital raising is going to greatly dilute IGS SH given the company will need funds to continue ! So how do SH protect their interests ?

? Vote of no confidence in Board of Directors and remove them and then realise value in IGS by IPO Latin Gold creating SH, SP value and some cash flow by this.

I see marginal value in Plumbridge given the JV as I understand it there is only 1 x priority one target in tenements and this is not a mine. However there is some value but hard to value at this time. How is IGS going to meet its 40% costs when due ? or dilute ?? The African asset I see no value in this at all. However again, I see significant value in IGS in Latin Gold hence IPO idea to raise capital for it to continue and some return to IGS SH by way of % cash return (acquisition costs) and IPO at higher share price whereby off setting dilution in doing so.

I just cant see any way out of this other than IPO Latin Gold in the best interests of IGS SH, unless I am missing anything does any other SH see a better way forward ????????

Anyone have better idea ??