ICG 9.09% 0.5¢ inca minerals limited

Ann: RIQUEZA PERMIT PROGRESSES AND 3RD SAMPLING PROGRAM UNDERWAY-ICG.AX, page-122

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  1. 5,578 Posts.
    lightbulb Created with Sketch. 50
    I saw similar on another holding of mine earlier in the year AUZ, it had a wall at .007 that was 80mill+ deep, when a bit of good news came about drilling starting it took $70k in volume wipe out a $550k wall, next minute it was 1.2 then off to near 4 cents all within 2 weeks.

    I don't get worried about walls of shares retail investors if they have 10 million odd shares in a company like ICG it's because they believe they won't stack them at the far end of the sell side, like we have on ours.


    I have a feeling we will see how real that sell side is soon, the MD's word of where he described the August samples as the best sampling is still ringing in my ears, we have had some dam good samples come out so far, to best those must be some fine samples coming up.
 
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