Zurich presentationSalamis focus different to de Jong for 1st part. Showed why ICG could be a takeover target for a major:
1)project pipeline for new deposits are dry |
2)good gold deposits are rare to find | |
3)average gold grade deposits are going down |
Some stated facts:
1) cash in bank $45mil, marketable securities $12mil
2) PEA in January
3) REs imminent
4) Lamaque deep hole at 1,596 on Oct 13th
5) LD hole has already hit the Sigma veins coming across as expected
6) 40kms drill results outstanding
7) bulk sample in Q3