Join the Defence Group

Here is some info which might act as a timely reminder to holders who are interested in holding ICG until a Take Over occurs (if it does) at a fair and reasonable price.  That price is often held to be in the region of 32c, assuming that the mountain and surroundings are mineralised as we hope.

The info pertains to the former PanAust, PNA - now delisted because a raider obtained the 90% required for compulsory acquisition. Notice on the chart how sharp dumps drove the price down followed by steady accumulation. The high on the chart is $2.20 and the low $1.10
Reading HC at the time, many complaints were made to ASIC, who could, or would do nothing much.



Secondly I add a link to an article published today where PanAust (now private) demands majority BoD representation on ASX listed Highlands Pacific with which it is in JV and owns only 13.9% of the stock.

http://www.miningweekly.com/article...panaust-from-taking-over-its-board-2017-02-15

Naturally this is only IMO, you must DYOR and form your own opinion.

My suggestion is that you join Dr Jonathan West's Shareholder Group, and please update him if you have changed your holdings.