III icon resources ltd

iii’m keeping the faith

  1. 3,273 Posts.
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    Epsilonminus wrote:

    "Hi That’s,
    I take it you've read HSK's Quaterly Activites report. They have a commercial tungsten mine (Los Santos) that is producing and selling tungsten ore and aggregates (rock).
    With Los Santos up to full production capacity (400,000 tonnes processed/year) Heemskirk's revenues should more than double on last year, according to my calculations.
    That said, do your own research.
    I still don't know where III is going to get finance. Maybe credit will unfreeze this year. Maybe it won't. You're taking that gamble with III. But if your aim is to buy into tungsten mining, you don't have to."


    Thanks EM,

    That's great, it sounds like you have made a wise choice with HKS, all the best with that one. :)

    Re:III
    I have faith in Icon's management team. I have researched this company from top to bottom, apart from the slowness with financing (which is understandable considering recent economic events) I cannot fault their work & I ‘m still very happy to hold.

    I'm keeping the faith..

 
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