trading halt, page-13

IGO4IT. Presentation in Feb said that drilling is still in progress at Feynsville and a "resource development" position is expected "in 6 months."
They raised $1 mill just 2 months ago from their mates (AT 4 cents!!!) and these factors make it a complete guess as to which way they will go this time. Maybe it is to fully develop Feynsville and that will COST. In that case, more likely for a full share issue to go for big dollars.
But, we really have no choice but to wait now that they have called a TH. Either way, there will be the type of news that will either spike the SP, or, if not, give holders the confidence in knowing that they can look forward to finally getting some income and becoming a fair dinkum investment instead of a speccy gone wrong.
Existing ST holders are only ones at any "risk."
LT holders on a win/win, but, might have to wait a while longer. At least there is finally a real light at end of tunnel.