OTCPK:ICNOF - Post by User
Comment by
oiltaron May 19, 2011 10:36am
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Post# 18600083
RE: BUY ALL YOU CAN
RE: BUY ALL YOU CANI would hazzard a guess that drill hole has the attention of the majors who would kill each other for such a long intercept of $4500 ore. 45m = 145ft. If it cost $300 to mine it then a profit of $4200 per ton is in the bank.
Now what major can turn its back on $4500 per ton ore? You can bet your AZZ that that hole has the exploration offices of the majors on fire.It would not be out of the question to see an offer before the next 20 holes are reported.No JR can match $4500 ore in the good ole USA. This is not in some far flung drug infested state in Mexico like the Newstrike find. This deposit comes with apple pie.Its in the USA. That is a very attractive area for major mining companies.
Buying ICN at todays prices is stealing with no jail time.