Post by
UKhedger on Feb 15, 2008 7:57am
Could Iciena do a Santana?
From 30c to $2 in a matter of days based on drilling results. The only thing I don't know is how many freely tradeable shares STA has, which contributed to the spike.
It is quite feasible that IIE could get to 30c based on the announcement of drilling commencing in April and the results they are sitting on from last few year's survey work, with massive upside if and when good drill hole numbers come out.
Comment by
art27 on Feb 15, 2008 8:19am
"and the results they are sitting on from last few year's survey work"
Let me guess: they have not released because the results were HORRIBLE ? So by not releasing them they avoided tanking the SP ?
Comment by
rickyclean on Feb 15, 2008 10:05am
UKhedger, you write: "anouncement of drilling commencing in April"....where did you see that news recently, and can you bring it here. Yesterday, following the increase of volume/price, I looked for news and I did not see not even a single historic one.....Moreover, I went to their website by their address, and the communication is nul and empty.
Comment by
drfx on Feb 15, 2008 10:10am
rickyclean:
https://beta.stockhouse.com/Bullboards/MessageDetail.aspx?s=&t=&m=20186834&l=0&pd=0&r=0
Comment by
rickyclean on Feb 15, 2008 10:25am
Thanks DRFX (and Tommer3)...