price to book

Hey guys,

I see a few familiar posters on this stock. I was given a tip on this stock by a reliable source however my concern is with the financials the company released today. Not going into major details here a major concern I have is that the price to book ratio is roughly 45. I know some very good stocks that have high price to book ratios like SLX however their industry sector is also high. The industry sector for ICP has an average price to book ratio of roughly 2.5.

Don't see this as down ramping as I am just interested in why people this stock is such a good buy.

Thanks

I am the Iceman!