OTCPK:ICNOF - Post by User
Comment by
DOLLARTALKERon Sep 14, 2011 11:43pm
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Post# 19043888
RE: Big news from Paramount, ICN owns 400,000 shar
RE: Big news from Paramount, ICN owns 400,000 shar
Yes ,you nailed it, alot of value unrealized by the market. The small juniors like ICN and many decent other ones are seeing little or no gain while gold is $1800.00+ Im buying this $tock and waiting patiently with some others for the juniors to start getting some value.Although dismade by the lack of interest in the smaller juniors as well as price movement ,I'm hoping that will change as gold heads to $2000/oz.Here is a chart that is a reflection of the small golds on the CDNX(TSX)
and you can see the problem clearly-Lack of investor interest & volume as well as toilet prices.When this chart turns upward,then we will see change in this sad $ector.Using the chart and going back 3yrs,you can see the 2008 wipeout and the fact these small stocks have never gained much traction since. Its depressing,but I'm confrdent things will be changing quickly for the better in this sector soon.Here's hoping!
https://stockcharts.com/h-sc/ui?s=%24CDNX%3A%24GOLD