ICG 9.09% 0.5¢ inca minerals limited

Ann: Wide Interval of IOCG Alteration Confirms Pot. at Mt Lamb NE, page-201

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  1. 8,839 Posts.
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    The current share price malaise has nothing to do - at all - with the specifics of what the company is doing, even where it's at in its evolution.

    The reality is (I'd suggest):

    1. Even RH and co. I reckon are very pleasantly 'surprised' by the early and widespread technical success of the drilling program, notwithstanding no assays as yet;
    2. There are always a few sellers forced into selling holdings in such times - liquidity crunches, margin calls etc but the reality is the selling has been very thin;
    3. Buyers can afford to sit on the sidelines knowing you might buy it cheaper tomorrow (zero FOMO right now); and
    4. If the assays come in, or further drilling confirms the IOCG mineralization/model, the stock will go into orbit irrespective of global indices, VIX and the like;

    The broader market malaise simply presents a unique buying opportunity - for those new to the party or those eager to hold more!
 
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No. Vol. Price($)
3 1473454 0.5¢
 

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Price($) Vol. No.
0.6¢ 3149226 8
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