ICG inca minerals limited

Zubric We are told 2000 meters approximately of RC drilling over...

  1. 3,956 Posts.
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    Zubric
    We are told 2000 meters approximately of RC drilling over say 40 holes at 50 meters deep.
    This won’t take long once tracks are prepared and access made also conditions allowing rig to move.
    It’s easy to say 4 holes like that a day maybe 2 weeks drilling campaign.
    So if we return good constants widths across veins the drilling of say 4-8 meters with in the length and Good grades constant say 5-10 grams a ton the market will like that first pass drill set.
    information about drill pattern and such would be helpful also proposed timing and such might stop the downward spiral trend but the new management are not informative enough.
    Maybe an accumulation strategy is quietly being implemented.
    They like to spend money like trips abroad and cross country and I would be surprised if they travel cattle class like Dr Jonathan West and Rob Heaslop did. I remember meeting Dr JW in Darwin and the 2 then were not staying in plush surroundings Darwin price wise.
    Our current team have been over to Singapore and off to Sydney which are both expensive cities and airfares also accommodation are not cheap and I doubt cattle class.
    We have not heard or seen any success really share price wise from these promotions.
    Now we have a new mouth to feed in a new Geological Manager so what happened to Emmanuel the Explanation Manager past ?
    Extra wages more costs and all from a small budget.
    They are either confident or lost, the money will not go on for ever at this rate of consumption.
    Remember that their own money is going into this as well.
    Trevor Benson the most expensive at $300.000.00 p/annum ++ better get something moving.
    We don’t need life style directors that so often happens in Perth…
    The ASX juniors from Perth are well known for mining shareholders only never the ground.
    So we await their announcement in the coming days. Something positive is going to have to come soon or the share price will go down again soon.
    0.004 is looming or that is where they want it to be accumulate or buddies accumulate.
    Tax time is also looming so more people will dump..
    They still need to move it to get their JMEI tax relief for capital raised funds already committed so funds must be spent on exploration to claim it.

    Gone is the NT assisted hole at JE project due its stated 100% Hurricane no other for now.
    Kiss goodbye to NT Government assistance for now.
    The Director Andrew Haythorpe has some answering to do if this all fails and all board members are on the chopping block due their quietness in the recent full turn around.
    Seems all we were lead to believe past has been thrown into the trash for now.
    Only the new is worthy of discussion.
 
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