Hey Head2641 do u work for ICON...i notice you have posted negatively on RAU threads but positive on ICON but you show no holdings on either......what is the point of your posts...hmmmmmm..
As detailed in this thread RAU have done a lot of work at Mt Carbine...and decided not to proceed due to the project not adding much value for shareholders......read RAU announcements..they do have data which they will not release unless the price is right...and it wont be cheap.......ICON will surely have to look at raising significant more Capital to continue with this project..they dont have much money in the bank..this will dilute the SP further...
ICON's SP has dropped from a recent high of about 71cents to 12cemts 70%. SP has jumped up to 19cents on back of announcement which is great for ICON shareholders....were ICON very desperate to get a new project up and running....to claw back SP....i would say yes...and they have achieved this in part in the short term.....have they purchased a dud project...maybe, maybe not time will tell.....will ICON share price get back to 71cents...hmmmmmmmmm....unlikely on this project....
III Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
