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IDG - Indago Resources

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ok, can someone please explain where my IDG formerly WMT shares have gone?

they are not visible in my portfolio when i log into my share trading account
 
Takeover attempt by GLI, roughly $1 a share at current GLI shareprice....interesting..................................:eek:
 
Trop Beaucoup said:
Takeover attempt by GLI, roughly $1 a share at current GLI shareprice....interesting..................................:eek:
Click to expand...
Well thats my break even mark for the latest "WMT" purchases so I 'spose I will be happy about that. :shugshouldersemoticon:
 
not too sure if ( take over) is a good idean. any one knows if gold link have a website. i found few links but they are not connected:mad:.
 
Cruizer said:
not too sure if ( take over) is a good idean. any one knows if gold link have a website. i found few links but they are not connected:mad:.
Click to expand...
I too had a look for it and had the same
issues.

Interesting enough the first link when was the GLI page from Aussie Stock forums. :D

I'd say their track record isn't too great going by that page.
 
dose any one have any info regarding goldlink. what they do, and what will happen ????????????:) thanks
 
http://www.asx.com.au/asxpdf/20090706/pdf/31jfhbx2ypn1h3.pdf

Hard to tell if Goldlinks directors will be able to add value or speed up the poduction process if they dont set out a game plan.
Equally hard to tell if IDG,s current board will stay focused on there latest venture in to gold mining.
One thing i havent heard anything about is what IDG,s plans to do with there pregold exploration/production plans. Will they carry on exploration of U308, stop exploration and sit on thier assets or divest? I guess only time will tell
 
IMPORTANT – IMPORTANT – IMPORTANT

Finally something arrived to fix this confusion of some, who are commenting in favour of GLI’s offer.:)
I’ve had my shares with IDG/WMT for the last 3 years.
I have received TWO phone calls from Mr. Paul Pynes; who was simply trying to convince me to vote in favour of them.
Ok, let’s look at few points.
GLI is claming that IDG is wasting money on expensive office, high salaries, selling Tin project, moving from Tin to Uranium then to gold and etc...
-With what I have seen in Australia specially WA Directors do get that kind of money, plus do you really think GLI directors will be nice to us and get only little to manage.
-Tin project was present when WMT board started their activities (2005); they sold it simply because there was no future in it, this IS business strategy. (More info early WMT announcements)
-Moving or changing business strategy from Uranium to Gold doesn’t mean that board is confused. If you remember they tried to raise money on 2008 but recession kicked in and killed the market, no one was willing to invest, though gold was the way to add value.
-Besides uranium is still a major asset of the company.
IDG/WMT board are who used to run WMC (currently owned by BHP) had the same business strategy.
This is why I agree with IDG:
1- Current Goldlink board, who use to be Emerald, took over Goldlink on March 2009 for their $30 m, and destroyed the company (2cent a share).
2- New GLI board started targeting IDG because IDG top 10 shareholders had average 5%, so it was an easy target. :banghead:
3- GLI knows IDG has Gold and other assets.
4- It’s not safe to see GLI holding 20% + in shares, gaining controls to do anything…
5- GLI is desperately trying to buy IDG shares on everyday market to gain more votes.
6- It’s interesting to see how IDG daily trade volume dropped since take over offer by GLI. Most IDG shareholders realised buyer is GLI!
7- 85% drop in share price (currently 2c) is what GLI shareholders are facing in their company; there is no guarantee it’s not going to happen to IDG. How dare they offer 50 GLI for every 1 IDG share? Who is going to invest in such a drastic company?
8- IDG top ten shareholders are known organisations that increased their number of shares over time, if this company wasn’t performing to their top standards they would have been the first to pull out.
I strongly hope we all make the right decision.
Please do your research wisely, I am not here to take side or save IDG director’s jobs, I just want to save my investment. Don’t let some shell company like GLI to take advantage of our assets. I noticed some shareholders making negative comments about both parties with no LOGIC and understanding of legal system and dirty tricks of master minded law advisers, I hope I am not offending anyone.
This information is available on the web and you can get more by checking IDG’s new announcement. For those who believe IGL can do better please have a look at few links, you can find all this in Google.
http://www.takeovers.gov.au/content/DisplayDoc.aspx?doc=media_releases/2009/006.htm&pageID=&Year
http://www.takeovers.gov.au/content..._for_decisions/2008/019.htm&pageID=&Year=2008
This is from: www.investsmart.com.au website
“GLI's investment strategy comprised long-term investments to capture arbitrage opportunities from yield curves in interest rate and commodity markets. However, with the company's business direction now under review, this strategy is no longer being pursued. “

I am strongly suggesting everyone to read the new IDG announcement.
http://www.indagoresources.com.au/files/announcements/NOM_170809_Consolidated.pdf

Indago will make it up.:)
Good luck to all of us
:rolleyes:
 
Hi All,
Any reasons for sudden change of Directors??
Is this part of Gold Link takeover or current board abandoning ship??
 
THE BUZZ said:
Hi All,
Any reasons for sudden change of Directors??
Is this part of Gold Link takeover or current board abandoning ship??
Click to expand...
My guess is a bit of both.


The phone call Cruizer and I among others got indicated to me that they knew they didn't have the numbers.

Let hope Indigo starts to deliver now that the "in fighting" has ended.
 
Geez...

great that they only give proxies 3 days to change voting.

seems sus...

should have dumped 20cents ago, round and round we go.
 
THE BUZZ said:
Geez...

great that they only give proxies 3 days to change voting.

seems sus...

should have dumped 20cents ago, round and round we go.
Click to expand...
And again I got stranded on 69c (or 6.9c in the old WMT scale).

Who knows maybe it'll turn around eventually?
It'll have to be eventually as I can see no quick fix.
 
"INDAGO RESOURCES AGREES TO SELL ITS TUSKER STAKE TO BARRICK GOLD VIA PRE BID ACCEPTANCE AND OFF MARKET TAKEOVER"

Wow up 71% to 44.5c

wonder if they can hold that value or in crease it.
 

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