I'm not expecting them to announce anything major until February, and maybe early March even, but we'll see. I have a very substantial holding in them and am quite content to sit and wait, whatever happens to the equity market in the meantime, as I believe ICP's medium and long term growth potential is excellent.
I am a confident buyer whenever they fall below 9c, as some time ago I set 9c as my ceiling buy price, I started buying from 4c up and I still believe this year will be a big one for them.
They are currently the only stock I hold which is not gold related because I believe gold is going to $US1500 and beyond, and I believe ICP is well placed with their market targets in China and Asia, which should see them be immune somewhat to the worst effects of the coming US recession, which I believe will be the nastiest recession they have suffered for quite some time. What the wider fall out will be, only time will tell, but now is not the time to have margin or market debt.
Regards......Chas.
STL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
