ICG 0.00% 0.6¢ inca minerals limited

Fully agree with your statement about all the whinging and...

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  1. 219 Posts.
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    Fully agree with your statement about all the whinging and whining on here,obviously by traders who are upset they haven't made a quick buck yet.
    Anybody who,s read the announcements should be able to see that there is a systematic,methodical exploration program taking place to identify areas where there will be the highest probability of a successful drill campaign.Why waste hundreds of thousands of dollars on rushing into drilling before all of the necessary results have been received and analysed,plus I imagine the agreed exploration plan with S32 probably has certain restrictions and protocols in place that dictate exactly what needs to be done prior to drilling expenditure.
    Long termers here may recall the previous drilling campaign a couple of years ago,where initial drill results were not great and the drilling budget was exhausted just as they started to get some more promising results.Unfortunately by then confidence and hence the shareprice had been destroyed.Maybe if the current extent of pre drilling analysis had been done back then prior to drilling the drills may have been in the right location and pointing in the right direction.
    The current low shareprice is certainly frustrating, but I certainly would prefer a thorough analysis is done prior to drilling even if it takes a few weeks or months longer.Once the drills start and assays are received shareprice could increase very rapidly on good results.
 
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