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Message: IGD financials

The financials and MD&A are out today for Intigold.

Apparently I was wrong on my assumption that Intigold was responsible for paying the leases on the properties that they optioned out from SLI:

St. Elias has allowed its Beaverdell and Chance E properties to lapse. Accordingly, the Company has written-off $1,535,582 during the three months ending July 31, 2014, (2013: $nil)

http://www.sedar.com/CheckCode.do

Obviously, SLI must have had a different option agreement with IGD than the one they had with Hi Ho on the Carmi property (from SLI's September 2012 MD&A):

Under the option agreement, the optionee is solely responsible for the maintenance of the mineral claims, however, the optionee allowed the claims to lapse and the Company is currently discussing the issue with its legal counsel regarding this situation

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