III icon resources ltd

re: Ann: Positive Scoping Study for Mt Carbin... "No buyers as...

  1. 1,411 Posts.
    re: Ann: Positive Scoping Study for Mt Carbin... "No buyers as usual,sold off on low volume."

    I beg to differ Head,
    Volume was 180k+ for 16/10/09
    50 day volume is 52k.
    200 day volume is 28-29k.

    Volume has increased lately, and for good reason.
    There was always going to be a sell off for this ann.
    Exploration to production is a long road and some investors really dont like to go the distance.

    Icon is developing some market interest and that is a big plus for them.
 
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