ICG 0.00% 5.6¢ inca minerals limited

drilling underway, page-124

  1. 4,861 Posts.
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    malay,

    You have a 50% chance of being right and a 50% chance of being wrong.

    I guess I am looking at the current market cap which stands at 23 mill.

    I do not consider that to be excessive on what has already been discovered.

    The news we got today was only further evidence that the story continues to build.

    The stock got down to ridiculous levels because of market conditions, falling commodity prices and certain other factors which contributed to a share price being oversold.

    It took the announcement of the commencement of the drilling program for people wanting to buy shares again in earnest.

    Barring a collapse in commodity prices again which I do not believe is going to happen I sit fairly comfortable around these levels.

    In my opinion the price will only continue to strengthen as we get closer and closer to drill results being announced.

    But that's only my opinion.
 
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