IGC 0.00% 33.5¢ international goldfields limited..

3puttpar,I am still holding this stockFrom my last post in...

  1. 262 Posts.
    3puttpar,

    I am still holding this stock

    From my last post in regards to talks with Tony Sage I feel that there is a transaction happening but then again you cannot believe 100% of his words

    The news announcement states that the Grant Thornton independent valuation should arrive back on the 1st or 2nd week of October.

    I guess some of the selling down has been on relatively lower volume...then again there are no buyers confident to touch it.

    Watching IGC especially in the past 2 weeka have been very painful.

    Maybe Tony Sage should buy like 500,000 shares on market...I am sure this would pump some confidence back into the stock.

    I look at the overall market for small to mid cap stocks and see the same pattern. Everything is being butchered. In my earlier posts I stated that $1 could be nice but honestly will take anything over 70cents. In fact maybe just getting out unscratched and holding cash in this market may also be a good outcome.

    I think by end of October we would know all.

    Good luck to us all is all I can say

    Fingers, legs, arms....everything else crossed
 
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