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Bullboard - Stock Discussion Forum Inter-Citic Minerals Inc ICMTF

GREY:ICMTF - Post Discussion

Inter-Citic Minerals Inc > scoping study
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Post by domdom03 on Jul 07, 2009 9:20am

scoping study

any comments on scoping study
Comment by Micky1212 on Jul 07, 2009 10:51am
I think the market reaction is all what here must be said.The new resource calculation is lower than everybody was waiting for. No rising since the last, only some better classes. (inferred in proved)The scoping study and the value of the project is not to high and the project is not in canada or usa. And Casey has told all the market what he is thinking about this stock - no buy!All in all ...more  
Comment by chuck8 on Jul 07, 2009 12:22pm
The market is grumbly on just about everything these days, so no surprise on current sp. Just about everything I own is down the past 2 days. I see today that Don Coxe has come out giving his opinion that selling general stocks now is likely not a good bet and that conditions this year are different than the norm and we're set for a change.$0The scoping study was positive and I note that ...more  
Comment by domdom03 on Jul 07, 2009 7:19pm
if you look at there web site, total gold resource is a bit over 3 million ounces of gold. this is only a small area of the massive property. once everything is calculated this could be a world class gold mine.
Comment by sanspeine on Jul 09, 2009 9:24am
This post has been removed in accordance with Community Policy
Comment by cocome10 on Jul 13, 2009 12:37pm
I subscribe to Casey, and according to the update on the website on 7/09/09 they are NOT saying 'no buy!' I won't post the update for copyright reasons, but they say these are 'excellent numbers...'
Comment by Micky1212 on Jul 13, 2009 1:06pm
I have seen the news on stockwatch.com. There you can see it from the 19.June 2009, that Ici is a not buy in the moment. It's an actual news there.And the other things you can see what the market was doing. They were going down from 0.75 to now 0.55. I think this 30% is enough said what the value from this results are. Sorry, if you are invested, but I'm too and I have lost money on ...more  
Comment by red2006 on Jul 14, 2009 8:15pm
 What the earlier Casey reccommendation said (maybe you should actually read  the full text before you started posting )was that until the scoping study came out not to aggressively chase the stock. Currently there are 2 analyst reccommendations(Wellington West , Catherine Gignac) that after the news  have a target price north of a $1/share. At $800 gold current NPV is ...more  
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