STT Trading: Week Starting -14 July, page-124

  1. 7,635 Posts.
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    I gambled & bought this dog IGS at 0.001/0.002.
    Has 35% interest in an advanced gold project in Brazil.
    Its main "liquid" assets are 50m SEG shares & interest in Santa Fe Gold (9.2m shares & $4m convertible note)....This was in jeopardy....It appeared that Santa Fe was going to hit the wall.
    But news yesterday say that Santa Fe is alive & well....Should be in production from its Summit mine.
    I posted something on the IGS thread....May be worth a look....Trading at 10% of assets even if we ignore the gold in Brazil.
 
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