Iciena is looking cheapI can't believe this stock is trading this low. I expect we'll have news from Brazil soon, and when Chuck Fipke announces that they have commenced drilling on the 16 kimberlite pipes, believe me, this stock will move.
With the cross yesterday, the financing (for Brazil) is in place and the heavy hitters are positioned. The asks are thin and it shouldn't take much to move up from here.
All the juniors, and especially the diamond juniors have been hit this summer. Look at ACA, NEM, TAH, DDN etc.... Now that summer is coming to an end, investors will soon be picking up the bargains including IIE. Iciena will be one of the most active diamond juniors this fall and in 2003.
tk