IGC - International Goldfields Limited

[absolut-advance]

This One keeps hitting my Radar Screen.

Anyone holding this company? or have some information.

Doesn't Appear to have been discussed here on ST yet?, search came up blank.

All Opinions Welcome!

AA

http://i41.photobucket.com/albums/e264/arranging/igc_ax_price_daily31jan08_to_12aug0.png

[OldRider]

We have a small parcel, but can't tell you much about them. Probably have an annual report but haven't located it
Ours came from the demerger from CFE, 27 April 2006, the cost entered was
NZ24cps, presume this was closing price on day one of listing, growth to date 92% since then, IRR 38%.
Probably should have been sold, but as you notice has climbed slowly ,so have just left it sit.

Edit: Woops, I see some were actually added 16 Feb 2007 @ NZ39cps to round out parcel size , this has reduced return on initial imvestment

OR

[absolut-advance]

I'm no expert, but it appears to be very close to breaking to new highs, if it does, it might be worth holding a little longer. Well done on your investment! IGC looks to have gained over 93% in the last 12 months according to my data, pretty good results for a bear market.

AA

[OldRider]

Our data shows highest to date A$56c though I don't know just when this was, so todays close at A$56.5 has given a bright yellow cell in the sheet - a new high. Looks nice and bright but a little lonely, only one other highest for yesterday and today - DTL.

[Corporate]

acquisition of a 50% stake in prospective multi-billion barrel oil fields in one of the major undeveloped new oil basins in Kazakhstan (refer ASX announcement 7 October

[JBmurc]

acquisition of a 50% stake in prospective multi-billion barrel oil fields in one of the major undeveloped new oil basins in Kazakhstan (refer ASX announcement 7 October

Yeah that an the sale of their Platinum to NKP 10m now 50mill later has given IGC some market att. glad to have brought a small spec amount at 21c 2 months ago hoping for alot more SP growth before years out...Tong sage MD an SP slide was main reason I looked then brought some... target 32c sell

[Ken]

Oil coming out of water wells! Live seeps out of the ground! Is that bubblin crude or what folks??

[JBmurc]

loving the action in IGC of late was a real spec play up 40% brought end of AUG 09

[JBmurc]

just sold my IGC holding for a 50% profit @ 32.5c still so many risks well take the profits an keep on the watchlist alot of Qs round NKP making the 50m payment on time moving into OIL gas sector