OTCPK:ICNOF - Post by User
Post by
SevenFigureson Jan 04, 2012 12:46pm
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Post# 19369128
83 days and counting...
83 days and counting... ...since news release of 10-13-11 stating that the first three Phase 2 Church cores were complete;
97 days since Phase 2 drilling commenced 9-29-11;
42 days since the 11-23-11 news release stating that Phase 2 was complete (which was cut short - from the original 50 RC's and 15 cores planned 9-29-11, it was then reduced to only 34 RC's and 11 cores)
Phase 2...16 RC results out 11-23-11
Phase 2... 18 more RC holes and all 11 Church-area cores pending;
Other recent stats:
Seabridge decides to take 1,750,000 shares at 30 cents rather than $525,000 on 10-20-11 (share price was around 24 or 25 cents)
1.9 million 25 cent warrants expired on 12-2-11 and 12-17-11 (no share dilution);
Colorado silver property acquired on 12-19-11 for up to $5,000,000 cash and 3,000,000 shares and an NSR;
750,000 Lode Star warrants issued at 25 cents on 12-19-11;
$500,000 loan at 10% interest taken out against PZG shares from an unnamed TSV-V company on 12-19-11 (no share dilution);
Tax loss selling deadline 12-23-11;
Remaining Phase 2 assays imminent.