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Ann: Riqueza Drill Permitting Progresses Steadily, page-36

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GoldBugBob

3,367 Posts.

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10/11/20

19:25

Post #: 48777633
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Originally posted by GoldBugBob: ↑

@WealthEmpire61

There are hundreds of exploration companies on the ASX. Most are destined to fail.

Why have you singled out ICG? $18M cap, $9M+ cash and no debt. 99% are worse off.

When you say it's your opinion it will not get off the ground what are you referring to? ICG have 1 project in Peru and 3 in NT Australia. Are you claiming that all 4 projects will be worthless?

I'd be interested to know your mining or geological background to write them off before a hole has been drilled on either 1/4.

Expand

The ASX has over 700 mining/exploration stocks.

https://www.asx.com.au/documents/products/asx-metals-and-mining-sector-profile.PDF

600 of them are under a $44M cap.

If you don't like ICG there are plenty of others to pick from. Likewise if you're here preaching the risk of exploration I think there are much more deserving stocks and shareholders.

- 1 Tier 1 project in Peru
- 3 Tier 1 projects in NT Australia
- $8M cash. Enough for 12 months of overheads and exploration programs at all 4.
- Owns 100% of all tenements

It beats 95% of anything on my watchlist for upside potential.

ICG Price at posting: 5.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $4.078M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$539	107.8K

Buyers (Bids)

No.	Vol.	Price($)
4	1640161	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	2085339	5

View Market Depth

No.	Vol.	Price($)
4	1640161	0.005
9	3404194	0.004
13	19206780	0.003
4	4399980	0.002
3	6199950	0.001

Price($)	Vol.	No.
0.006	2085339	5
0.007	1447760	5
0.008	1450000	3
0.009	1033282	3
0.011	350000	1

Last trade - 12.28pm 01/11/2024 (20 minute delay)

ICG (ASX) Chart

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