“The Art of buying is not having to buy.” “The Art of selling is not having to sell”
Looking at the data. • “Several” parties are interested in Mt Carbine. • “Several parties” must be close to completing “Due Dillagance” • Tungsten is a “strategic resource” and would the Chinese be interested in refining and therefore becoming an investor? • As confirmed Icon seems to be committed to “Subcontract the Mining” • Negotiations are continuing with MetalsX, Polymetals & others. • MetalX have a further Tungsten interest close Mt Carbine. • Icon needs Cash to continue other exploration. • Mt Carbine is icon’s key focus but don’t forget Icon’s GOLD, TIN, URANIUM & IRON ORE at various stages of Exploration. The Gold has to be close to an update.
BUT BUT Icon is venerable. • Market Cap 60 Mil Shares @ $0.07 SAY $5 Mil. • Incredibly undervalued. • $5 Mil looking at the data is not even One years profit from Mt Carbine. (Refer Icon’s post below) • As at Sept 08 61% of Icons shares are controlled buy the top 20. (Maybe Original Holders) • Approx 38% of the shares are held buy the directors.
Clearly when Icon sits down with “Several Parties” to “skin this cat" they should have an incredibly long sharp knife.
As a Shareholder I am starting to get excited. We should be updated soon.