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