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Inca Minerals Ord Shs V.ICG


Primary Symbol: INMNF

Inca Minerals Limited is a junior resource company. It is engaged in exploration at the greater Frewena Project and the Jean Elson project, both located in the Northern Territory, and at the MaCauley Creek Project, located in Queensland. It is focused on gold-copper porphyry deposits, copper and zinc skarn deposits and iron ore-copper-gold (IOCG) deposits. Its projects also include the Lorna May Project and Hay River Project. The MaCauley Creek Project is located 100 kilometers (km) west of Townsville in Queensland. It consists of two granted exploration permits (EPM 27124 and EPM 27163) covering 359 square kilometers (km2) and it lies within the Townsville-Mornington Island porphyry belt. The Frewena projects have 4,736 km2 of granted tenure and exploration license applications in the East Tennant IOCG province of the Northern Territory. The Jean Elson Project is located 325 km east of Alice Springs in the Northern Territory and lies a mere 30km north of its Lorna May Project.


OTCPK:INMNF - Post by User

Post by goldopportunityon Sep 30, 2014 10:10pm
142 Views
Post# 22985243

Tomorrow starts a new month and a new quarter....

Tomorrow starts a new month and a new quarter....In the last week the us$ has blown thru multi-year high, but today's closing candle on the us$ suggests to me that its perhaps reached a st top.  If I'm correct we should see gold instruments start to flex some upward muscle.    

As for icg, the lower us$ probably means the C$0.220 low today will most likely prove to be THE low going forward, at least for now.  As an aside, today the u.s. sp came within a whisker of closing the last remaining up gap.  Tomorrow a.m. the u.s. price might try to fill it, but even if that's the case I don't think the cdn sp will dip below C$0.220.  So maybe now the very strong fundamentals of this company will finally have their day and result in a higher sp.  We'll see what happens.  As with anything in the markets, you have to adapt.   Jmvho.




goldopportunity  
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