ICG 16.7% 0.5¢ inca minerals limited

Ann: Financial Report for the Half Year Ended 31 December 2017, page-20

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    In fairness it’s all hypothetical until the drill brings back proof , so confidence is lacking for everyone right now . Any confidence in surface sampling should be seen as false confidence based on this .
    I appreciate your long term optimism but with money low and permits not in place , I don’t feel overly confident of a maiden resource. The point of being a good time to buy is shrouded in uncertainty imo , why buy now before the permits and drill are in place , when you could wait bad see how this unfolds a little further... I think the SP depicts this sentiment currently.
    On the other hand a gamble is a gamble and always based on at least 50% unknown, C’est la vie !
    Happy paddy’s day all !
 
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