RE:RE:RE:Anyone hazard a guess at a stock price 2-3 years out?....passionatepiper, it is so difficult for me to guess at the price a couple years down the road. I don't have the understanding that many people do of minng valuations.
But, ICG has outperformed most gold miners over the last few years. This is a stable company with an excellent business model and high potential for growth. It just so happens this is a gold miner.
There is a lot of potential. One recent article stated the suspect the next PEA will include a NAV of about $500 million; as far as I could tell that estimate did not include Sigma with a 2.4 million oz I&I. Another article talked about Lamaque Deep being a wild card witch could increase the value close to $1 on top of Triangle, etc.
There is very active drilling, a mill, permits; what is there not to like?
There are too many pluses to not invest heavily in ICG. Here in the States companies are overvalued. Canadian small cap stocks offer some of the best values in the world as far as I can see. My other main holding is EPO.
My plans are to hold until production or buyout. I will be disappointed if I don't walk with a C$3 SP.