Intercontinental Gold and Metals Ltd V.GXM

Geodex Minerals-Intercontinental Gold and Mineral icau

[Luxluminae]

Mangement has moved quickly to consolidate operations post the Acquisition of Goldway Trading. less than 9 months aago. Usually these types of acqquisiotns take even longer for Jujior Companies. So, the succesful tranistion speaks volumes of Gordon Glenn's skill set and his new management group in Bolivia operating in a Public setting.

The other item of note is the installation and build out of a gold refinery operation in Bolvia.. I think this is the Countries first privately owned refinery operation.. Rremember Bolivia itself houses a massive pool of artesain jelwrey fabricators and goldsmithers. Plus, ICAU can now enter the various regional gold jewlery markets selling blan stock for local smithing. Miami and other high end markets would be a logical entry point=and thewe a very profitable markets. . 

My educated quess is that net after tax margins will >2% and net revenues for fy2019E will approach if not exceed $200 million. This translates on a fully diluted basis to an eps for FY2019 above 20 cent Canadian per share. Not bad for starters,, eh.. Put any kind of multiple on that for type of cash flow and a growth rate in the looking out less than a year, I would conjure would place the stock north of $3/share. Maybe that is what perople are seeing.. All I know is that in the long run it is management, management, and mangement.. and that is what we are seeing here. as ICAU find more and more ways to eploited this new niche. in gold trading and fabrication. Bitcoins??? Must be me..I  have not a clue how to handicap that one. 
dr. mike Miami