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Bullboard - Stock Discussion Forum Intercontinental Gold and Metals Ltd V.ICAU.H

Alternate Symbol(s):  GXMLF

Intercontinental Gold and Metals Ltd. is a Canada-based metals and mining company. The Company is specialized in precious metals with gold bullion refining capacity of over five tons per annum. In addition to gold bullion, it also trade other commodities, including base and precious metals ores.

TSXV:ICAU.H - Post Discussion

Intercontinental Gold and Metals Ltd > not everyone can do something with the business model
View:
Post by Michael1972 on May 11, 2018 11:20am

not everyone can do something with the business model

Hello !

Then you probably read a 3 year old presentation. Up-to-date information is currently difficult to come by. The new homepage is still not online.
I also buy more shares as long as they are below $ 1.

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The Company currently generates revenue from sale of purchased gold purchased at a discount from licensed Artisanal and Small Gold Miners (ASGM’s). Additional revenue is generated from foreign exchange and net interest margin on cash balances. Operational Highlights During the quarter (November 6, 2017) the Company announced that it had changed its name from Geodex Minerals Ltd. to Intercontinental Gold and Metals Ltd. The company has also changed its ticker symbol from GXM to ICAU. October 2017 Gold Exports – The Company recorded gold exports of 3,087 ounces versus over 2,367 ounces reported for September 2017. November 2017 Gold Exports – The Company recorded gold exports of 3,144 ounces versus over 3,087 ounces reported for October 2017. December 2017 Gold Exports – The Company recorded gold exports of 2,950 ounces versus over 3,144 ounces reported for November 2017. Gold trading and exports are basically in line with forecast for the period which factored in usual seasonal slowdown of gold purchases during the Christmas holiday season and the onset of the rainy season which occurs between December and March.

Intercontinental Gold & Metal | wallstreet-online.de - Vollstndige Diskussion unter:
https://www.wallstreet-online.de/diskussion/1276000-1-10/intercontinental-gold-metal

The Company currently generates revenue from sale of purchased gold purchased at a discount from licensed Artisanal and Small Gold Miners (ASGM’s). Additional revenue is generated from foreign exchange and net interest margin on cash balances. Operational Highlights During the quarter (November 6, 2017) the Company announced that it had changed its name from Geodex Minerals Ltd. to Intercontinental Gold and Metals Ltd. The company has also changed its ticker symbol from GXM to ICAU. October 2017 Gold Exports – The Company recorded gold exports of 3,087 ounces versus over 2,367 ounces reported for September 2017. November 2017 Gold Exports – The Company recorded gold exports of 3,144 ounces versus over 3,087 ounces reported for October 2017. December 2017 Gold Exports – The Company recorded gold exports of 2,950 ounces versus over 3,144 ounces reported for November 2017. Gold trading and exports are basically in line with forecast for the period which factored in usual seasonal slowdown of gold purchases during the Christmas holiday season and the onset of the rainy season which occurs between December and March.

Intercontinental Gold & Metal | wallstreet-online.de - Vollstndige Diskussion unter:
https://www.wallstreet-online.de/diskussion/1276000-1-10/intercontinental-gold-metal

The Company currently generates revenue from sale of purchased gold purchased at a discount from licensed Artisanal and Small Gold Miners (ASGM’s). Additional revenue is generated from foreign exchange and net interest margin on cash balances. Operational Highlights During the quarter (November 6, 2017) the Company announced that it had changed its name from Geodex Minerals Ltd. to Intercontinental Gold and Metals Ltd. The company has also changed its ticker symbol from GXM to ICAU. October 2017 Gold Exports – The Company recorded gold exports of 3,087 ounces versus over 2,367 ounces reported for September 2017. November 2017 Gold Exports – The Company recorded gold exports of 3,144 ounces versus over 3,087 ounces reported for October 2017. December 2017 Gold Exports – The Company recorded gold exports of 2,950 ounces versus over 3,144 ounces reported for November 2017. Gold trading and exports are basically in line with forecast for the period which factored in usual seasonal slowdown of gold purchases during the Christmas holiday season and the onset of the rainy season which occurs between December and March.

Intercontinental Gold & Metal | wallstreet-online.de - Vollstndige Diskussion unter:
https://www.wallstreet-online.de/diskussion/1276000-1-10/intercontinental-gold-metal
Comment by BayWall on May 11, 2018 9:57pm
Intercontinental Gold and Metals Ltd. will proceed with a normal course issuer bid to purchase up to 877,873 of its common shares. I assume they feel their shares are undervalued. The news came out after the close of trading.