cheers zubric - you may be correct [but I hope not]
with RH no longer leading the exploration then maybe we are beyond the need to take on more grass roots exploration - instead just progress what we have [in AU that is] alternatively, a JV could provide the exploration expertise , meaning ICG do not need to. JV and in effect become a royalty company - and royalty companies do not need exploration - instead just rake in the cash from the royalty.
ICG presently trading 7 times cash backing and I guess come March 31 will be about 10 times cash backing - that is if 2c is the sp then
was actually thinking of buying some more today at 2.2 but resisted the temptation this was after seeing the unusual buy/sell orders over last week - my take is someone is accumulating
ICG Price at posting:
2.0¢ Sentiment: None Disclosure: Held
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