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Bullboard - Stock Discussion Forum Intercontinental Gold and Metals Ltd V.ICAU.H

Alternate Symbol(s):  GXMLF

Intercontinental Gold and Metals Ltd. is a Canada-based metals and mining company. The Company is specialized in precious metals with gold bullion refining capacity of over five tons per annum. In addition to gold bullion, it also trade other commodities, including base and precious metals ores.

TSXV:ICAU.H - Post Discussion

Intercontinental Gold and Metals Ltd > Doing business in Bolivia
View:
Post by Luxluminae on Sep 15, 2017 1:04pm

Doing business in Bolivia

There may well be risk in mining in Bolivia or any country including Canada. However, the dore trading business is very low risk as it expands the margin and cash flow of artesian Coop  (the bulk of gold mining in Bolivia) which heretofore was victumized by the draconian tactics of local brokers-or brokers from nearby coutires. 

The other challenge of course would be to actually read thr the detailed description of GXM's explaination of its new business model and ask questions of management. I know that is a burden for many that read only headlines. Ths cash flow from the dore business could fund the other company. However, the 2 units are more likely to be separated as independent entities. .
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