One Worried Investor As a long-term, substantial investor, suffering substantial loss, I emailed ICP, re my disappointment in their lack of NR's. Here's their reply, which has certainly helped to allay many of my concerns.........
"All is well at ICP. The Company remains on target to complete the " Feasibility Study" no later than August 31, 2013(next major milestone), and to receive BLM clearance on its Environmental Impact study by March 31, 2014(second milestone). There is ample cash on the balance sheet to support ICP's development efforts over the next year, and management remains fully committed to meeting their milestones "on time and on budget". We plan on releasing a formal update from Sid in the form of a press release, in the near future; and we also will be announcing the details for the Annual Shareholder's Meeting within the next 30 days or so. We are all concerned about the recent decline in market value of ICP, but cannot explain why it is occurring."
I still believe this is a well-organized and well-directed company, with credible backing (Yara), who also seems to be in for the long run. My next big investment will be a 2015 Farmer's Almanac...What say YOU??