III icon resources ltd

re: News: Icon Tungsten production on track f... hinneh,Thank...

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    re: News: Icon Tungsten production on track f... hinneh,

    Thank you for your comment.
    I was part of the original Icon float at $0.20 when explores were in favour.

    I also increased my holding substantially in the rights issue and after reviewing the fundamentals and considering the Key milestone and cash like you I am very happy to sit.

    I currently all my Spec stocks are companies with production start up fully funded. (HGO, SBL, BCC, LYC, III etc)

    With the VIX index around 20 I am staying away from the drillers.

    Note with a $0.15 share price and the rights at $0.075 some investors will sell half and the balance is Free Carry.
    That?s why I made the comment consolidate around $0.15.

    Like you happy to sit on Icon enjoy the ride with the full knowledge investors will take a quick profit and forget about the long term. (Xmas)

    DYOR.

 
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