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Iconic Minerals Ltd V.ICM

Alternate Symbol(s):  ICMFF

Iconic Minerals Ltd. is a mineral exploration company focused on acquiring and exploring gold and lithium properties in Nevada and Canada. The Company holds highly prospective gold exploration properties in Nevada with the potential to host both Carlin-type and Round Mountain style gold/silver deposits. The Company, through option agreements, holds 50% interests in the New Pass and Midas South properties located in Nevada. The New Pass Gold Property consisting of about 107 unpatented mineral claims is located in Eastern Churchill County, Nevada. The Midas South property is located in the Ivanhoe Mining District, four miles northwest of the Hollister Deposit. Its lithium properties include Smith Creek Lithium Property and Grass Valley Property. In Smith Creek Lithium Property, it controls about 808 placer claims totaling 25.25 square miles over a major gravity low. The Grass Valley Property is a lithium exploration project consisting of approximately 997 placer claims.


TSXV:ICM - Post by User

Bullboard Posts
Comment by Legacy79on Jan 28, 2018 9:52am
153 Views
Post# 27449356

RE:ICM undervalued by...

RE:ICM undervalued by...Kind of hard to give ICM a proper sp assessment.... if we look across the jr boards you will find they all differ in strategy and stage of exploration.  In Canada the closest we have to compare is FAT, South America they tend to be all over the place, most  acquiring claims expanding assets. Sp prices vary, though I find some overpriced based on where they are in the game. ICM seems to be one of the only ones with a 43-101 just around the corner. Back to FAT, it's success so far has been due to numbers they hit. ICM has hit some great numbers, they have water rights which is a great concern in the area. Trump is pro US development. So if I had to give ICM a fair share price valuation, which is only my opinion I would place it in the 30 cent rage at the moment. Attached is a video of ICM and its pears as equals from the Cambridge House. Look up share price of each member of the panel and the respective company they represent as a example. Video is from late last year. Cheers & GLTA!

https://youtu.be/21mUohwisCk
Bullboard Posts