RE:RE:looks like a duck, talks like a duck , What do you have?I agree with you as well, that the juniors have been hurt and I feel many of those who have been hurt , are ones that are in need of raising the bar to get on track and perform in the ground and bring a sincerity to moving forward a reality.
What I find interesting about ICG and I dont have an answer for this. It has done all the right things to move forward and have broght in some good drill reports and the PEA was ok, but the vacum on the share price, never goes away and to keep using the term undervalued for over 5 years has become a bit of a joke and should have dried out all within this forum.....
When I think of the words undervalued, I feel it can be only expressed two or three times during the grass root/ pre production stages and this has gone way past those stages without positives happenings to the share price.
If management kept this a secret and never explored networking this asset out, one could stand up and say , this is a secret in the works and once it is marketed well, it will climb. With ICG it has been networked out fully, it has had a good cash flow always to do the right things and bring on capital groups and brokers to paint this asset up , but yet cant bring on any stability above a nickle pre rollback and that cant be overlooked even by the most dedicated shareholders.
In my opinion with the glory presented I think ICG should be at well over the 80 cent share price at this stage with giving consideration to the current market conditions and having said this, its at 24 cents. I am not sure what can bring the numbers up, besides a buy out if they are lucky.
I know people on this board think this is bashing ICG, but I was on your side of the fence and as I saw the good news come and go and the decline in SP during good news. I found it easy to short this on spikes and so far on any spike ICG has had it has always come back.
I lost cash on holding it and have done well when shorting, till this asset can show stability on any spike , I will short it.