If you are in ICG with the view of holding for Riqueza drilling...

If you are in ICG with the view of holding for Riqueza drilling then these prices are incredible value in my opinion.

ICG at a 5c close is $17M market cap, less than $10M EV.

There are plenty of juniors worth $100-300M that don't come close to the potential of Riqueza.

Not bashing on ESR but from quick glance they got to $100M+ market cap on this drill result



Riqueza Project in Peru has recorded up to 4.94% Cu and 294g/t Ag at surface already. We don't have the nickel, but I'll happily take those copper and silver grades at surface and some gold thrown in. Get 200Mt of contained as estimated and it would be worth $500M+

$8M+ in the bank and drilling in Peru. ICG can have 3 drill rigs out there doing a 5,000m program very quickly. If all it took for ESR to run to $100M+ cap was 3m of massive sulphides 400m deep, I have a fair degree of confidence ICG can deliver if they throw 5,000m or so at this.