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Bullboard - Stock Discussion Forum Inter-Citic Minerals Inc ICMTF

GREY:ICMTF - Post Discussion

Inter-Citic Minerals Inc > low share price
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Post by domdom03 on Sep 17, 2011 2:29pm

low share price

i have been a shareholder for many years, wondering why company is lagging in releasing news. other companies with less attractive resource are appreciating in price while ours go down in price. any comments
Comment by marymart on Sep 19, 2011 11:07am
I am also at a loss. I am a long time shareholder. While the share price has been weak for some time, the disconnect with gold price and general lowering trend seems to have been exaggerated with the hiring of Standard General back in Jul. loos like constant selling pressure since that announcement. 
Comment by TharsGold on Sep 19, 2011 1:58pm
At least part of the problem for ICI is the taint of fraud attached to many Chinese companies with foreign listngs these days.  Companies like Sino Forest and Migao Corp and many others have been accused of exaggerating profits and assets, and creating worthless shell companies to fleece investors.  I know that ICI is a Canadian compnay with ony part Chinese ownership and I believe fully ...more  
Comment by dosco on Sep 19, 2011 3:24pm
zijin invested and some singapore tycoons...they are more than close to this firm and the properties...anyway, yes its probably related to these shorter-party people...hope they will get for them...
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