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Bullboard - Stock Discussion Forum Iconic Minerals Ltd V.ICM

Alternate Symbol(s):  ICMFF

Metals & Mining Industrial Metals & Minerals
Iconic Minerals Ltd. is a Canada-based company, which is engaged in the acquisition and exploration of exploration and evaluation assets. The Company has various lithium and gold exploration projects in Nevada, United States. The Company's Smith Creek Lithium Property covers approximately 808 placer claims totaling 25.25 square miles (65.4 km2) over a gravity low. The enclosed Smith Creek... see more

TSXV:ICM - Post Discussion

Iconic Minerals Ltd > Business value
View:
Post by Nielzy88 on Jul 19, 2023 1:55pm

Business value

What should be a fair value of the ICM business without the sold Bonnie Claire Lithium Property? Does anybody know this? The actual market cap 5.9 mil seems cheap to me. And how are things related to the spin off to be implement. Tia
Comment by MV77777 on Jul 28, 2023 8:09am
Yes.. iconic sold their Bonnie Claire lithium property but they still have the Smith Creek lithium property Plus their gold properties. So at this price of $.04 it's extremely undervalued.. """Bonnie Claire Property is located within Sarcobatus Valley, which is approximately 30 kilometers (km) long and 20 km wide. It intercepts lithium grades up to 5570 parts per million ...more  
Comment by IvanRo on Jul 28, 2023 2:50pm
The entire junior mining sector is suffering from being undervalued.  However, what would be good to know is what the plan is for Iconic - field work, surveys, drill plans and what the will be focussing on Gold or Lithium... Etc
Iconic Minerals Ltd
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