ICG 0.00% 0.5¢ inca minerals limited

targets, page-9

  1. 12,455 Posts.
    lightbulb Created with Sketch. 265
    Very nice to see ICG recovering some cash for holders. I am very intrigued by the lack of response from the company after the last announcement & subsequent smashing of the SP.

    I believe as T4P does, that this all caught management by surprise. They believed that Chanape was a winner, and I think they still do. So seems they are quietly selling the project with a view to improving perception & getting a good deal on the cap raising. There major failure IMO was geing guilty of nativity! i am very interest to see what they ca claw back for holders.

    Looking at the chart, if you were to remove the spike & fall from ICG's chart, the SP continues in a nice "bowl-like" uptrend.

    Chanape still has great potential ... Its still hugely speculative from here. But for me still worth a position.
 
watchlist Created with Sketch. Add ICG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.