Great post, I think we all know that something doesn't sit right...

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matto08

299 Posts.

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04/07/20

11:40

Post #: 45641776
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Originally posted by cv8r: ↑

Wealth,

You are an interesting poster on the ICG threads
I note you like the tenements that Inca hold but are negative on its BOD, cash position and share price. You continually raise these issues on the Inca thread and have continually brought them into discussion. In this post your final comment is...... SP speaks for itself

I see that you also post on Victoria Mines are very bullish and are a cheerleader on their thread. So let's compare ICG and VIC
Both have a bid/ask spread of .001 .002

Looking at their both their last quarterly cash reports their total available funding reported are
IICG $1,485,000
VIC $1,052,000
Showing ICG has more cash although there certainly will be a call for more shortly.
Vic are in the midst of raising more funds right now.
Both have very low market capitalisation in the $5,000,000 range
Both are in junior exploration. As you know ICG have excellent tenements in Australia and recently released an outstanding report for Riqueza.
VIC have Malamute, Copper mountain, and due diligence on Coogee

Interesting how your view is mixed.
Your responses are also mixed and contrasting

In your response to Lockitt on 10/02/20 post 42838408 you state you have no ulterior motive and 13/02/20 post 42912058 you state you are not involved with any other company.
On 27/06/20 you state you work for someone who wants Incas assets in a fire sale.
In your response to Kalenn on 27/06/20 you say you have no business experience or acumen.
On the 14/02/20 post 45490368 in response to Grub , you say you have been in business over many years.

You have got stuck into ICG suggesting they should be applying for drill permits when they were in no position to be able to do so. You should now be aware that obtaining permits in Peru requires exact drill hole coordinates. ICG can only now start the application being in receipt of such information.
You made a song and dance about the quarterly cash flow Appendix B.Despite suggesting you were well aware of how to read and understand it a director had to post and correct you and explain how to interpret it.

Good luck with VIC and I would hope that you will buy a few shares in ICG when you feel the time is right.

CV8R

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Great post, I think we all know that something doesn't sit right with the way W/e posts,
maybe he works for someone who wants the asset
maybe he wants a seat on the board,maybe he just likes stiring the sheet,
we will probably never know.
The thing with Inca is we have a strong shareholder group that the Dr set up years ago
so any takeover is going to be hard without the group on side,

ICG Price at posting: 0.2¢ Sentiment: None Disclosure: Held
9 Upvote

0 Great analysis

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