ICG 9.09% 0.5¢ inca minerals limited

2023 - the year for ICG, page-1584

  1. 5,095 Posts.
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    Hi J&J Happy New Year to you too and a quick recovery from Covid. I hope you weren't kissing all the girls at Xmas lunch.

    I don't agree with your conclusions on the past history of Inca -I am working with some of those people in various ways including a brilliant young geologist in Africa and they have a completely different story. More specifically I also have detailed emails from Jonathan when I first became a shareholder -before I was a vendor -and his spruiking is there in black and white -pages and pages - including his excitement on the odds of the success in Peru all of which including his optimism on Frewena was never realized.

    I can't believe you can't see the present malaise. A company with virtually no funds -a capital raise necessary to conduct any further programs - massive dilution and if it's copper -phosphate investors won't support the raise anyway -except the major shareholder -who then has a stranglehold on the company and answers to no one. If you know anything about investing you avoid those sort of companies like the plague.

    It's still lithium - a few tough months ahead -but I am flat as a lizard drinking on iron ore -check out AMD - gold and uranium. None of which is on ICG's radar screen -still transfixed on dog copper. Off to Alice Springs next week -just pegged a big U area to the north - which also incidentally looks to have swarms of pegmatites.


 
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