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ICG inca minerals limited

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1.4¢

Gold is going ballistic - they are knocking me over in the rush...

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Black Cat

6,499 Posts.

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25/09/24

15:34

Post #: 75834806
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Originally posted by Barry81: ↑

@Byron layoff the shareholders, below summarises the situation perfectly

and given the majority of the equity is capitalised exploration costs (about $9.5m) i would be very surprised if that wasn't impaired as well eg who would pay inca $9.5m for those tenements.

So it easy to see a couple of things
a) management over the years have diddled away circa $60m on nothing
b) that would create a lot of ticked off share holders
c) there is no news because new management have to reinvent the company again and are charging a premium to do it

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Gold is going ballistic - they are knocking me over in the rush for ground -see PGD - GBR -AAR so time ICG got the news flowing at Bramall Hills -I know my stuff.

ICG Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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