Inter-Citic Minerals Inc ICMTF

RE: pp@1,9 and china itselve and oligarch buying

[dmuy]

I haven't been in this stock since it was pumped to over $2 by the newsletter writers, but bought back in a couple of days ago. The valuation here looks compelling and it feels like things are coming together for it now. One of the few gold stocks to be green all day as gold was getting hammered so I wonder if somethings up. Actually the gold stocks I was watching held up surprisingly well so maybe there were a lot of investors shopping for bargains. Since Jim Sinclair theorizes that the next leg up for the gold stocks will be triggered by consolidation in the industry, maybe ICI is shaping up to be a prime takeover candidate. I can't see how the Chinese would ignore a bargain in their own backyard.