OTCPK:ICNOF - Post by User
Comment by
Kewl2on Aug 13, 2011 8:01pm
191 Views
Post# 18939406
RE: RE: RE: RE: Fire Assays
RE: RE: RE: RE: Fire AssaysSevenFigures --- I can see a clear marketing benefit to releasing non-core area results prior to bonanza grade main target core results on Monday AM (prior to market open).
This would enable mgmt to focus on the 11 strategic core drill holes without having to rationalize why they included just average results gathered from drills outside the main zone in the PR. It would certainly be better for shareholders to have this out of the way prior to such an announcement versus following up a bonanza grade PR with a non-strategically located low-grade PR.
Announcing after the market closes on Friday the low-grade results and before mkt opens on Monday the core area high grade results gets the 'paperwork" out of the way and provides a "no-harm no-foul" for existing shareholders.
If we have high grade results and they are not announced until some later time (after Monday market open) then this would be a "harm & foul" for existing shareholders as some could lose their share position by dumping out based on the Friday night news & later finding out that they shouldn't have.
As far as I've been able to figure out - Carl Hering has a pretty good reputation. I am invested for this reason and
would be disappointed if Friday's PR was a simple a ploy to pick up cheap shares - personally I seriously doubt that this is the case.
For all of our sakes, I truly hope that your analysis is correct and look forward to finding out some exciting news on Monday (pre-open) morning!!!!!!!!
PS: excellent DD -- thanks for taking the time to document same!