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Icon Energy Ltd V.ICN


Primary Symbol: ICNOF

Icon Energy Limited is an Australia-based oil and gas exploration company. The Company has a 100% interest in, and is operator of, the ATP 855 tenement and the basin-centered gas resource that it contains. The Company’s ATP 855 is located in the Cooper-Eromanga Basin on the eastern side of the Queensland and South Australian border. The Company's tenements include ATP 855, PRL's 33-49, ATP 594, PEP 170, PEP 172, and PEP 173. PRL's 33-49 are adjacent to ATP 855 on the western side of the border, and both permits share part of the Nappamerri Trough. ATP 855 is located in the Nappamerri Trough, one of the six troughs within the Cooper Basin. The tenement covers the deepest part of the trough, containing the thickest sequence of Permian sediments in the entire Cooper Basin. It is within these sediments that a large, unconventional, basin-centered gas resource has been discovered that extends across the entire tenement. ATP 855 occupies a total area of 1,679 square kilometers (km2).


OTCPK:ICNOF - Post by User

Comment by johnlawaton Feb 22, 2012 4:04pm
321 Views
Post# 19568933

RE: Float

RE: Float

some "facts" about the historic mining district:

https://www.nevadaobserver.com/Reading%20Room%20Documents/facts_about_goldfield.htm

(just in case this hasn't been posted yet...)

@shareprice: in case gold continues its way north i'm pretty sure that junior miners will regain attention. icn will have to update its website and provide drill maps, cross sections and so on, if they want to ride that wave and attract more buyers. so maybe that's what management is waiting for. they definitely have to inform the market about their project more aggressively, if they want to do some financing at higher levels. but at the moment all the selling seems to keep the share price in a certain range. why so? pp coming rather sooner then later? another share package for lode star on its way? someone just fed up with icn's information politics? someone trading at the bottom line or picking up the loosely hold shares? lots of maybes just as usual...

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