ICG 0.00% 0.5¢ inca minerals limited

great entry point, page-29

  1. 42 Posts.
    The Chanape porphyry's worthless to date as the contained metal value is roadstone, located 4km above sea level and buried under 400m of solid rock.

    As for the breccia pipe 8 gold results, the pipe looks only 50m diameter on the aerial photo included in a previous release, so that's never going to be an open pit goldmine.

    Chanape is a very interesting but very expensive/difficult exploration project, and Inca has insufficient funds to push it forward from here.

    What were they thinking in pissing off their only commercial director and substantial financial supporter and then not raising funds with an honest placement before the core actually went to the lab?

    Speaking of which, why have the not released detailed assay results from the drill program and only the "highlights"?

    Surely they could not any read worse, or could they?
 
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