OTCPK:ICNOF - Post by User
Comment by
dufouron May 25, 2011 4:50pm
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Post# 18624981
next drill results
next drill resultsJust confirmed with IR, they have something like 6 holes at the lab and they are waiting for results. They expect them back within 1-2 weeks so hopefully next week!
If people are hesitating then now is the time before the next batch is announced because if they are similar to the last ones many will become believers and with the small market cap it will run very hard imo.
The last results were some of the best for a junior in a long time!
Look up the CEO's track record for finding mines and you will see that we are in good hand and I read that he had been eyeing the Goldfield Project for a while. Now that he has it, lets see if he is right again!
I am very surprised by the lack of buying following the excellent drill results. We know that Dundee accumulated about 1.3 million shares and has not sold.
It moved on huge volume and is moving down on very little volume...this tells me that people are holding on to their shares and that it is drifting down because of a lack of bid support, Another round of similar results and the buyers will come back but this time there should be more of them.
I will add more as it drifts lower.