Given the chart pattern on ICN, day traders might be interested in my most recent post on ICN. "ICN is certainly worth a little research if you are increased in CSG. ICN intending to run the first ever seismic survey on their very prospective ATP- 626P to locate further "sweet spots" for drilling. They have also acquired the new CSG ATP-849 (80% interest) west of Lacenta & Don Juan CSG Fields. This area has one of the largest sub -crops of Walloon Coal measures in any block and is relatively shallow at about 300 metres. Estimated potential of 500Pj of GIIP. They also have a 10% interest in Wakefield 1 (PEL 218)for oil exploration in the Cooper Basin. As at June Qtr they held plenty of cash, around $35m. Today they just poked their head through a nice triangle formation at 50 cents, so the next few trading days could be very interesting if they break above the 50 cent level. Regards Buffett Ps Do your own research as no investment advice is given"
