OTCPK:ICNOF - Post by User
Post by
allenbowon May 18, 2011 11:46am
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Post# 18594201
you have to read the hole right:
you have to read the hole right:The intercept contains an upper portion assaying 1,454.3 g/t Au over 2.9 metres, followed by a lower-grade interval of 42.7 metres of 4.2 g/t Au (see attached table). If the three highest-grade intervals of 1.22 metres at 2,710 g/t Au (79.1 ounces per ton), 1.68 metres at 541 g/t Au (15.8 ounces per ton) and 1.98 metres at 57 g/t Au (1.6 ounces per ton) are cut to one ounce per ton (34.3 g/t), the intercept becomes 45.6 metres of 5.1 g/t (cut to one ounce per ton).
got it..??
It's still a nice hole but it really is 45.6 meters at 5.1 grams
end of of story..That is why it sold off.
Now it still is good don't get me wrong and not many shares out so this should trade higher especially with more goood results..twinned or otherwise..presumably on the way. And if they have hit a mother lode..watch out!
Anyway I bought in some agreeing that with the initial spectacular show you buy in a little first and ask questions later...