Internet Gold Golden Lines Ltd C.IGLD

Undervalued Co. With 1 MOz Resource

[SuneeDaze]

IGLD is quite the hidden gem…totally underfollowed and undervalued (for now), essentially a ideal time to invest for a number of fundamental reasons below:
 
** Its Independence Property hosts an approximate 1 million oz resource (all categories) that should very well be expanded during current drilling **
 
** project is literally a stone’s throw away (500 m) from Nevada Gold Mines’ Phoenix and Midas pits **
 
** recently financed to the tune of $4 million **
 
** low float of 31 million shares o/s with market cap of approximately $15 million **
 
** permitted to drill 160 holes over 80 sites **
 
** impressive past intersections from both oxide and sulphide zones (see below) **
 
Remember, this is Nevada where profitable operations exist mining grades as low as 0.3 – 0.4 g/t gold.
 
Select Past Oxide Zone Intersections

** 145 ft of 4.2 g/t gold **
** 155 ft of 1.3 g/t gold **
** 20 ft of 26.5 g/t gold **
** 45 ft of 9.5 g/t gold **
 
Select Past Sulphide Zone Intersections

** 15.9 ft of 11.6 g/t gold **
** 85 ft of 3.4 g/t gold **
** 5.2 ft of 74 g/t gold **
** 65 ft of 4.6 g/t gold **

At the current sp of $0.52, IGLD is clearly undervalued given the fundamentals above; however a more realistic, fair valuation should be unlocked as their current drill program progresses and results are generated, bringing more awareness to the company and its Independence Gold project.
 
Have a good day!