agm 20 nov and viability., page-11

Rob1000,

Thank you for your reply.

I have found the team at Icon have always exceeded my expectations and todate even with the "HotCopper" constructive thoughts have achieved.
I originally purchased Icon at the float $0.20 sold at $0.52 and I have been buying in around the $0.20 and under. Primarily because of the Mt Carbine Tungsten and my “Back of the envelope” P/E of 2 to 12 Mths.

Unfortunately we are in unprecedented times and some small caps will fail.
I only have two Small caps which represent a small percentage of my portfolio and I might be blind but I am happy to be in Icon.

3/4 years ago I started to buy MGX @ $0.20 and sold out at $3.20. Lucky Lucky.
I bought back in again on Tuesday.

Yes Cash flow is a problem at Icon but 3 Years ago MGX had similar $ problems but had Major management issues and today they have been outmanovered buy the Chinese.

I am happy to sit.