looks like a duck, talks like a duck , What do you have?
If you read all the talk on this board on ICG you would think this was an asset was trading at 2-3 buck and has seen some major stability. But reality is, its at 24 cents and 2.4 cents pre roll back.
The most interesting part is, the share price has been locked in for years below the 30 or 40 cent range , but yet this board is saying the same quotes as it did 4 years ago and people still have this hope it will climb .
I understand dedication, I even understand long term players, but the only success on the share price is stability at 2.5 cents pre roll back and with all the cash spent on drilling, IR, technical reports , management changes, name changes , strong insider buyers and many more positives its remains under a nickle pre roll back
The TSX .V is not a mystery , projects are evaluated and data is on sedar for the world to see and watched over by so many organizations and people and as more reports come out that allow all to evaluate , nothing positive has come about with the share price .........
One would think , people would usually climb on board a good thing when positives do come about and eventually major investors on the retail side and you see some positive increases and stability to the SP levels that relate to that.
But yet, the numbers dont lie, if ICG never did the roll back this would be a asset that is locked in at the 2-5 cent range for the last several years and when you see the shares outstanding of 135 million imagine if the rollback was not done what that would be at today?
Some assets just dont climb because the they fall short on cash and dont ever get the chance to do things they like, I think ICG has had the chances to do what they like and that Management has done great to do what they deem fit , but yet nothing has influenced the SP nor brought any change to a trend .