ICG's systematic approach to the tenement is one of the best I've ever seen from a small cap. explorer, and I believe this speaks volumes about managements ethos.
With regards to the geology, an alteration footprint of over 1km and associated breccia indicates massive fluid throughput. While the drilling results haven't hit it yet, I would be extremely surprised if there's not multiple high grade cores within the primary fluid conduits feeding these hydrothermal breccias.
On a different note, someone took a big swipe at this at the open of trade - over half of the previous days volume in the first hour. This could be 'hot money' entering the stock on the recent buy confirmation in the charts, however I wouldn't be surprised if we see bulk money flow to this stock in the next few weeks on the anticipation of drilling.
I for one, am on the edge of my seat...
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Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $4.863M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $3K | 500K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1770552 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 1041940 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1770552 | 0.005 |
10 | 10230544 | 0.004 |
9 | 3776780 | 0.003 |
3 | 3199980 | 0.002 |
3 | 4799950 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 1041940 | 3 |
0.007 | 1198850 | 3 |
0.008 | 2450320 | 5 |
0.009 | 1033282 | 3 |
0.010 | 1000000 | 2 |
Last trade - 10.57am 12/09/2024 (20 minute delay) ? |
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ICG (ASX) Chart |