ICG 16.7% 0.7¢ inca minerals limited

Hi Fal average results... depending on which way you look at it....

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    Hi Fal 

    average results... depending on which way you look at it. Grades and intervals where average but mantos and thickness  of mantos where an indication of a possible resource, even at an average grade. 
    I think they decided to stall drilling as new prospects became better targets, such as rastrillo, and they noted at the time that it was better to wait for the new permit application system to be in place before they applied for new platform positions or repositioning of their current ones. Money was another factor... they burnt it over a short period of time , something all of the long term holders are unhappy about. 
    Moving forward, with S32 onboard, I think we’ll finally see some positive momentum once they sign the EIA and the drill starts turning again. I’ve doubled my position of late, on this basis, and am of the opinion that the SP will be around 1c in 6 months. 
 
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